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


To: Henry D. who wrote (35950)1/3/2000 1:08:00 PM
From: John F. Dowd  Read Replies (1) | Respond to of 74651
 
Henry: Ralph Acupora said Dell and MSFT were the tech laggards from 1999 and should be ready to move and he thought they were the best for 2000. They both are down. JFD



To: Henry D. who wrote (35950)1/3/2000 1:09:00 PM
From: Frank Ellis Morris  Read Replies (2) | Respond to of 74651
 


Henry. Microsoft should stop making any negative comments at all. There is too much of a cloud yet hanging over the stock for any hints of negative developments of any sorts. Also the constant unrelenting rise in the long bond yield is a problem that just keeps getting worse and is confounding many of the analysts. This damn rise has got to stop or we could get a melt down like 1987.

Over the weekend, during the euphoria which greeted an almost bug-free new
millennium, Bill Gates, chief executive of software giant Microsoft Corp
(NasdaqNM:MSFT - news), warned there would be glitches in the coming weeks.

''There is still a little mess that will have to be cleaned up,'' Gates said during an interview
on Saturday evening on Cable News Network's ''Larry King Live'' programme. ''It's not
going to be catastrophic, but there will be a lot of snafus.''

Best Regards
Frank



To: Henry D. who wrote (35950)1/3/2000 6:20:00 PM
From: ed  Respond to of 74651
 
Well, the rumor is :

Some impatient investors wanted to sell at the end of last year, however they did not want to pay the tax in 1999, so they push the trigger early this morning.
We also see big drop on both DOW and Nasq, but Nasq recovered nicely, while DOW sink to the drain. This indicated money rotation , from Dow to Nastq, and from weak stocks to strong stocks in Nastaq, most likely money rotated into Hi Tech stock with quality in Nastq, such as MSFT , CSCO LU, INTC, QCOM ...etc which held pretty well today !!!
This is the first test of 2000