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


To: Epics who wrote (42383)4/17/2000 1:59:00 PM
From: johnd  Respond to of 74651
 
Epic, when MSFT was at 120 in Dec 99, there were a few cast of characters who showed up and said it will be at 150 in Jan/Feb. Even Ralph Acampora came out and said 200 in one year or by Dec 2000. Right now the reverse is happening. Have strong conviction and stick to it.



To: Epics who wrote (42383)4/17/2000 2:59:00 PM
From: Michael Kucera  Read Replies (2) | Respond to of 74651
 
re: I dont see this ever going up again looking at the chart..

How can the charts and TA possibly have anything to tell after this bloodbath the last two weeks. EVERYTHING was cut down and all charts look ugly. Msft will rise again as long as Balmer& Co. don't give some silly warning about future sales and pc demand when everyone else is bullish. I don't know if I fully trust Balmer yet NOT to open his mouth again and make the market more nervous. On one hand he seems very aggressive but he has in the past called msft overvalued when it clearly is not on a relative basis. we shall see.