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


To: johnd who wrote (44941)5/18/2000 3:37:00 PM
From: johnd  Read Replies (1) | Respond to of 74651
 
I still find it strange that strike 180 leap for 2002 still commands over $1. That is quite optimistic for whoever is paying 1 dollar for which stock has to triple



To: johnd who wrote (44941)5/18/2000 3:51:00 PM
From: werefrog  Respond to of 74651
 
"If it breaks 65"

65 is support. if it breaks below 65 the bottom could be anywhere. sunw, csco, orcl should continue down until the fed eases up on interest rates. when you first see a headline "fed switches to neutral bias" or "fed lowers interest rates", that will be the day to load up on the 3 stocks you mentioned for a position trade, no matter what price they are trading at. Of course if you are "holding the bag" through all these rate hikes, that money is what they call "dead money". Looks like the MSFT pig will hold 66 today. JH