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

To: taxman who wrote (37162)	1/27/2000 4:14:00 PM
From: werefrog	Respond to of 74651

"why should o pay 119.9375 when I can buy it today for much less" Because that is the yearly high. It took about 5 months starting from July 19 to breakout 100 3/4, the old yearly high back then. Now, if you already sold, and who did'nt, I sold mine at 116 and am using that money for swing and daytrading. It's OK to bottom fish and I look for 90 to hold near term. The safe play for the next run is when MSFT breaks out & goes through the yearly high. If you are out of MSFT and do not want to miss the next run, entry point is when it goes through the yearly high. It may go through next month or next year.I don't want my long term money to be tied up in MSFT until then. cheers