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Technology Stocks : MicroStrategy Inc. (MSTR) -- Ignore unavailable to you. Want to Upgrade?


To: Street Hawk who wrote (529)3/23/2000 8:26:00 PM
From: Jimbo  Respond to of 717
 
Risky play - but I agree this is a dead cat bounce - watch though for a double bottom as the weak hands really get shaken out of this thing. Direction appears to me to be back down to the low 100s.



To: Street Hawk who wrote (529)3/26/2000 2:44:00 AM
From: Toby Zidle  Respond to of 717
 
This thing is like radioactive waste, it will be untouchable by the fund community after their debacle.

Why do you use the future tense? The future started Tuesday afternoon. More than 30 million shares later, MSTR is trading 100+% above Tuesday's $63 low.

One thing the fund community knows for sure is the meaning of the word "oversold".

A return to double digits is possible as an ordinary pullback in an 'up' trend. What we had had, when it is all said and done, is a sharp vertical offset on a strong upward trend that remains a strong upward trend.