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


To: Captain Jack who wrote (40656)4/3/2000 4:04:00 PM
From: RocketMan  Respond to of 74651
 
Here come da judge.... Here come da judge...



To: Captain Jack who wrote (40656)4/3/2000 4:04:00 PM
From: Jim McMannis  Read Replies (3) | Respond to of 74651
 
There was no panic selling today? Hummm...

The government never ceases to amaze me with their ability to vaporize wealth. Also notice the Japanese market up up up...benefiting from the stupidity of the US Governemnt attacking it's own domestic companies.
Are you aware that their are less Lawyers in Japan than in the State of Georgia?
DOW up 300 despite microsoft...NASDAQ down 350.
I thought I'd seen everything...

Jim



To: Captain Jack who wrote (40656)4/3/2000 4:08:00 PM
From: Valley Girl  Read Replies (2) | Respond to of 74651
 
I'm more optimistic. Today's action looks like the "panic". IMO everyone who really wanted to sell on the worst-case ruling got out the door today. Who doesn't know what's going down? The news even seems to have reached the red planet! Tomorrow with more information you will get marginal sellers throwing in the towel, plus (perhaps) margined-out sellers. Sellers should be exhausted early on and then I'll bet buyers emerge from their shells. No big upside because the smart shorts took their profits today, but I'll go out on a limb and predict we close at 93 tomorrow. To really go down and stay down we would need the big MFs to start dumping. They've already done so IMO. I suppose panicy investors reacting to the 300+ drop in the Nas might start to cash out of tech funds and that could do the trick, but then everything goes down, eh?