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

To: Brian Malloy who wrote (40284)	4/1/2000 10:49:00 PM
From: Captain Jack	Read Replies (3) \| Respond to of 74651

Brian-- I suspect you are on target. Hoping to bail before the debacle is in full swing and come back much cheaper. Expect the lower end of the range seen to hang around for some time,, earnings and products will have little effect now...JMO. Damn I wish I had not believed a settlement was coming soon,,,

To: Brian Malloy who wrote (40284)	4/1/2000 10:52:00 PM
From: t2	Read Replies (2) \| Respond to of 74651

A $20 haircut should be expected in rather short order. Solid support would be at $72-$75 level if necessary. Brian, I think you are way off (at least i hope you are<g>). I don't see below $90. I would expect it to see over $100 after Jackson's ruling. We have to remember MSFT was also the victim of a move to high flying stocks earlier this year in addition to the legal problems. IMHO, the sellers got out when the fact finding was issued. Now we have mostly longer term investors. I still doubt of a major correction in the stock. Instead I look to a short term drop to the 90s and a quick rebound. good luck