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


To: Timetobuy who wrote (61971)10/22/2001 4:49:43 PM
From: David Howe  Read Replies (1) | Respond to of 74651
 
<< It practically IS the market >>

And as all of the other companies like SUNW and ORCL fade away into penny stock land this becomes increasingly the case. <g>

The following commentary by Peter Lynch is an exact parallel with my feelings on the market and the economy.

personal100.fidelity.com



To: Timetobuy who wrote (61971)10/22/2001 4:52:39 PM
From: t2  Read Replies (1) | Respond to of 74651
 
On a valuation basis, msft isn't a stock that I can buy. Since I don't short stocks I don't have to decide if it should go lower. My guess is that as long as the market holds up, msft will as well (because it IS the market! LOL!)

Do you hold any stocks at all?
Is anything a buy in your opinion?

To you comment a while ago when you asked if I was ever bearish on MSFT. It really depends upon what you are doing...investing or trading. I trade in and out of MSFT a lot but do keep a core investment position that I acquired a few months ago.