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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: abbigail who wrote (35850)12/29/1999 3:12:00 PM
From: ericneu  Read Replies (1) | Respond to of 74651
 
Can anyone please explain how/why MSFT can trade in such a narrow range all day?
---

It's pretty simple, IMO:

1. There are a lot of people on vacation.

2. There's not a lot of MSFT-related news today.

- Eric



To: abbigail who wrote (35850)12/29/1999 5:10:00 PM
From: John F. Dowd  Read Replies (1) | Respond to of 74651
 
abbigail: You ask a very good question. It is unusual to see see such thin volume trading in such a narrow range. But it would be more unusual if the bid and askk spread were tight on a day such as this (25% of avg. vol.) Did you notice the spreads throughout the day. Were they 1/8 or 1/4 between bid and ask? JFD



To: abbigail who wrote (35850)12/30/1999 12:31:00 AM
From: ed  Read Replies (2) | Respond to of 74651
 
From a statistical point of view , Microsoft is traded by millions of investors, it is very interesting that all those investors had the same range of trading , and from statistical point of view , it is almost impossible . Conclusion : Microsoft is artificially controlled by someone on purpose. As to by whom and why , only GOD knows !!!


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