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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Hawkmoon who wrote (83871)	6/3/2003 4:04:28 PM
From: Hawkmoon	Read Replies (2) \| Respond to of 99985

y'all might want to keep an eye on MSFT, given it's weighting in all three major indices. It' appears to be ready to break out to the upside: bigcharts.marketwatch.com Run that chart through the daily, weekly, and then quarterly time frames and it will become more clear.. That said, I still believe MSFT will be hammered sometime next year when it's like that the FASB will require options to be expensed. More than any other company, that new requirement will hurt MSFT's earnings tremendously, and thus its P/E.. Hawk