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

To: Normandi who wrote (50472)	10/3/2000 12:50:35 PM
From: werefrog	Respond to of 74651

"and bought today" Norm, I'm always wait until earnings day in a couple weeks to get in. I stay online afterhours that day and if msft begins ut'ing after earnings are released I buy, right at that moment. I have never seen msft stock lose money from mid oct to mid jan and I've been playing msft since 1989. This year the economy is slowing, the interest rate pressure is still on, and the retailers just got lowered on CNBC, so there is danger, a lot of which will be cleared up by earnings day. I did post not to buy until after earnings, and if I were you and msft trades above your buyin today I would bail with a little profit. Remember msft's last earnings day it dropped from 78 to 65 in a few days even though they beat by 2 cents and if they happen to miss earnings the downside risk far out weighs the upside bounce if they miss. See post 50364 at Message 14488420 JH