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


To: johnd who wrote (38422)2/23/2000 5:23:00 PM
From: djia101362  Respond to of 74651
 
Here's an interesting tidbit

from markethistory.com

Wednesday, February 23rd, 2000 7:49 AM - MSFT: 10% in 10 days? - Microsoft closed at a new 2 month low on 2/22. When MSFT makes a new 2 month low on the first day of week, the software giant has rallied an average of 10% over the next 10 days.

At this point I'll take just about anything that will kick softee in the rear to get it going. This stock has gotten totally disconnected from its fundamentals. Normally when a stock does this it happens the other way around, exploding stock price w/ no supporting fundamentals. Softee is the total opposite, great fundamentals, terrible stock.

This is starting to feel like the "puke theory" kicking in here. Whenever you feel like puking, it's time to buy more. I know I definitely feel like puking after watching Softee rocket up today.