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


To: Charles Tutt who wrote (51919)10/21/2000 1:57:32 PM
From: Jacob Snyder  Read Replies (1) | Respond to of 74651
 
We've gone from 49 to 65 in 3 days. In a stock with a market cap as big as MSFT (it hasn't been added to the Russel 2000 yet, has it?) I don't think you can have that kind of a move, except from a fundamental re-evaluation on the stock. I predict a steady, slow uptrend, from now through 2001. Of course, there will be temporary pullbacks, some of them sharp and deep, punctuating that move. But, up till 3 days ago I was just hanging on desperately. Now I'm hanging on hopefully.