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


To: NucTrader who wrote (39893)3/26/2000 4:13:00 PM
From: Captain Jack  Read Replies (2) | Respond to of 74651
 
Nuc-- I look for a drop at the open,, possibly enough to become a buyer again. If so I'll bail the shares I own cheaper and let that buy go where it may-- I agree with your post and expect to see a 5% - 10% drop on no positive news. Any more would seem to be a knee - jerk reaction. I am prepared to load up if it gets to 90 or lower. The big question is where will it end the week... with earnings coming soon and expected to be good-- we may see a buying OP...



To: NucTrader who wrote (39893)3/26/2000 6:21:00 PM
From: t2  Read Replies (1) | Respond to of 74651
 
It's not impossible that it could sell off on profit-taking even if there's a settlement.

I think that is an impossibility unless the market is in a severe correction itself. In a flat market, I think MSFT will rally big time. It has lagged the sector far too much not to rally going into the earnings in April.

I still feel the only reason to settle is the private lawsuits. That is probably why they don't want to admit to any wrongdoings as part of the settle.