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


To: taxman who wrote (36041)1/5/2000 9:46:00 AM
From: PMS Witch  Read Replies (2) | Respond to of 74651
 
I think Microsoft is a good company to hold for those who can make a long term investment. The price behaviour recently leads me to believe we're about to experience some declining stock prices in the near term with a two digit price quite likely in the coming weeks.

This weakness should be viewed as an opportunity to capitalize on future positive developments. After all, the balloon has only released some air, it's not ruptured.

Cheers, PW.

P.S. Remember, Microsoft's stock price doesn't need reach the sky in a straight line. A jagged line will do just fine.



To: taxman who wrote (36041)1/5/2000 6:40:00 PM
From: KeepItSimple  Read Replies (2) | Respond to of 74651
 
>MSFT ) 112 5/8: Prudential ups from "accumulate" to "strong buy"
> with $145 price target

Translation: Prudential received an order from a big institutional client today who wished to sell a very large block of MSFT stock.

It's called Pump & Dump.