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


To: BillHoo who wrote (45044)5/22/2000 11:16:00 AM
From: werefrog  Read Replies (1) | Respond to of 74651
 
"Once it breaks the 65 barrier. Ooops it just did..."

I concur. Did not IBM drop from 175 to 45 a few years ago. Sooooooo, MSFT to 45 is very possible. Looks like it will bottom in October, the old buy Oct - sell in Jan play is looking good once again for this year. IBM came back, the question is will msft stage a come back. Nothing is guaranteed in the stock market.
JH



To: BillHoo who wrote (45044)5/22/2000 11:29:00 AM
From: rudedog  Read Replies (1) | Respond to of 74651
 
Bill - I think you are right, 50s is likely and 40s not out of the question if bad news continues... still, all this should be history by end of year.