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

To: johnd who wrote (42373)4/17/2000 1:44:00 PM
From: Jacob Snyder  Respond to of 74651
 
re: "a little bit of +ve mood could propel this over 200d mv of 96"

I'll make a prediction, which you can repost if I'm wrong.
MSFT will not see 96 until:
1) the shape of the anti-trust settlement has been publicly agread on, or,
2) the Fed has finished raising rates. And we have at least two more quarter-point raises in front of us.

That's why I am in no hurry to buy what will become a large and longterm position. For the record, I don't (and never have had) any position, long or short, trading or investing, in MSFT.



To: johnd who wrote (42373)4/17/2000 1:49:00 PM
From: Epics  Respond to of 74651
 
even though msft not acting wonderful, at least people are buying and selling not dumping like they were. After a selloff it will take some time to recover from the technical damage. I think the buying today although the
stock isn't going up states that there is something on
the horizion in positive news, although god knows what.


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