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

To: johnd who wrote (42915)	4/21/2000 8:36:00 PM
From: johnd	Read Replies (1) \| Respond to of 74651

Aren't these leading indicators that corporate demand is picking up? Chip Equipment Orders Up for Fifth Month MOUNTAIN VIEW, Calif. (Reuters) - North American semiconductor equipment makers saw March orders rise for the fifth straight month, according to data reported by trade group Semiconductor Equipment and Materials International (SEMI). ``Semiconductor equipment bookings continue to accelerate across all sectors,' said SEMI President Stanley Myers in a statement, adding all world regions are participating in this development. Speak your mind Discuss this story with other people. [Start a Conversation] (Requires Yahoo! Messenger) The three-month average of worldwide shipments in March rose to $1.7 billion, six percent above the February 2000 level and 79 percent above the March 1999 shipments level. The three-month average of bookings in March rose to $2.45 billion, seven percent above February 2000 and 95 percent above the March 1999 level.

To: johnd who wrote (42915)	4/21/2000 8:46:00 PM
From: Valley Girl	Read Replies (2) \| Respond to of 74651

If you go in with limit orders, you're likely to catch a falling knife. The traders will filet you. Plus my understanding is the stock is already below most of those prices in after-hours Thursday, so it may just gap down on the open Monday. You've got plenty, if it runs away from you, you'll be the happiest man around. So if you're serious about buying it, why not just sit back and watch the tape for awhile, wait for a signal from one of the traders here like JH? Unfortuntely my chart doesn't go down far enough to even guess at the next support level. The bottom of this one is around 72. Certainly no reason to buy it above that price, possibly not above 69. Even assuming you're right about this thing rebounding, you might also want to consider if a little extra cash is worth the additional risk of increasing your overweighting. Good luck, and try to have a happy Easter week-end. P.S. OK I checked the chart and 72 is a solid supporting base going back two years. Below that it looks like a free-fall with the next real support level at 50ish and an iffy bump around 60. I don't really think it will free-fall, but what I'm saying is if the support at 72 fails then we're in totally uncharted waters and just about anything could happen.

To: johnd who wrote (42915)	4/21/2000 9:32:00 PM
From: techtonicbull	Read Replies (1) \| Respond to of 74651

You will miss your limits johnd. Try lowering them to 60, 58, 57 and 55. These will be more likely where MSFT will trade on Monday.