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

To: Captain Jack who wrote (38110)	2/18/2000 6:55:00 PM
From: johnd	Read Replies (2) \| Respond to of 74651

I don't understand why it is selling. But it is selling. I mean dropping 15 point during last 9 trading days is significant. May be it will come back up with a equal or faster pace. Remember December, how it went from 90 to 115 in 3 days?

To: Captain Jack who wrote (38110)	2/18/2000 8:13:00 PM
From: ThomasG	Read Replies (1) \| Respond to of 74651

I have been following MSFT closely for the past 9 months . During the past week there hasnt been a huge amount of selling, there just hasnt been a lot of buying!. So the Market makers are dropping the price lower and lower until buying support is found. Check out Thompson I watch which shows institutional buying interest thomsoninvest.net If you check today you will see that there was very little buying or selling activity in MSFT by the institutions. My view is that the institutions do not want to take a large position in msft ahead of the court verdict. When the verdict is out then they will probably start buying again because they will have to re-weight their positions.