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

To: johnd who wrote (39711)3/23/2000 10:01:00 PM
From: Ibexx  Read Replies (2) | Respond to of 74651
 
According to the options/TA high priest, Bernie Schaeffer, the area of $104 is technically important for MSFT as it represents a 50% retracement from the stock's recent high.

The fact that MSFT took out this number in the past two days - and very convincingly so - bodes extremely well for the stock.

Ibexx



To: johnd who wrote (39711)3/23/2000 10:25:00 PM
From: Jim McMannis  Read Replies (1) | Respond to of 74651
 
RE:"I put a sell limit order at 130 for my shorter term holdings; just in case it opens up sharply higher. I think around 80 PE is where the stock becomes a good short term selling point."

Good for tomorrow or good 'til canceled?
130 is a lot of green away...
In light of some of these other companys PEs (way high)...how did you come up with 80?

Jim


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