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

To: werefrog who wrote (37186)	1/28/2000 12:44:00 PM
From: johnd	Respond to of 74651

Micheal and James: It was July 18th 1998, MSFT topped at 119.625 and then fell back to 87.75 in September 98. It may follow the same price pattern. But honestly, I am not betting that it will fall to 88 this time before starting upward move. It still hasn't leveled off. Close of 116 on 1/14 Close of ~107 on 1/21 Close of ~ 98 on 1/28? Anyways, it is still on a 8% weekly decline pattern. We need to see a week or two of leveling off at least. So there is opportunity next week for it to hit 200d mv at 91. We will see