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


To: Timetobuy who wrote (60389)8/7/2001 10:22:32 AM
From: werefrog  Read Replies (1) | Respond to of 74651
 
"The only way I'd buy msft is if it were down to the low to mid 50s"
If end of Aug to mid Oct, the market performs like it usually does, you will get that 50's price. I'm not in a position trade MSFT at this time, not because I'm terrified it will go down, but because I don't don't think it will go up at this time. When I buy any stock, it either goes up or I sell it and try again at another buying opportunity.
"looking for trading ranges"
MSFT trading range 64.2 to 73. I don't look for it to go below 64.2 until Sept. In the mean time it could go back to upper end of trading range before the "fall".