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


To: larry who wrote (37953)2/16/2000 7:40:00 PM
From: Harry Sharp  Read Replies (1) | Respond to of 74651
 
>>> If the float is 50 millions, this is doable. However, with a 5 billion float and a market cap of north of 500 billion, it requires hundreds of billions of new money to pour into the issue. <<<

Not true. If there are no sellers, a simple 100 share purchase can theoretically drive the price of Microsoft to $200 a share in seconds.