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


To: Dan Spillane who wrote (51559)10/18/2000 7:01:45 PM
From: t2  Read Replies (1) | Respond to of 74651
 
Looks like stock will come up. Even if they didn't everyone was expecting poor earnings and outlook, and that's not what they got!

Exactly!
I was afraid (although I did buy)to hold tech stocks today given the possibility of a Microsoft lead selloff tomorrow.

Now we have a bunch of buyers who held off purchasing today just as they did yesterday with Intel/IBM earnings.

Tomorrow the Naz goes straight up and that includes SUNW. Forget this nonsense about retests that some TA's are suggesting. It was fear that held people back from buying.
I feel very confident right now, after seeing the SUNW, MSFT, AOL earnings as well as the positive reaction to a bad report from INTEL.
IMHO, Naz is rock bottom!