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


To: vinod Khurana who wrote (3840)10/27/1997 8:33:00 PM
From: vinod Khurana  Respond to of 74651
 
Japan, Australian markets down
Stock markets in Japan and Australia
opened lower on Tuesday in continuation
of the U.S. sell-off. The Australian stock
market suffered its worst opening plunge
since the 1987 crash, diving as much as 9.2
percent. Japan's Nikkei average was off
more than 1.5 percent.



To: vinod Khurana who wrote (3840)10/28/1997 5:13:00 AM
From: Peter Greenhill  Read Replies (1) | Respond to of 74651
 
v.k: like good little children the European and Asian markets
have followed the US down overnight.London is off over 400 points
I agree that a correction was highly likely and also that
long term it is a positive for the markets and will provide a solid base for the next nove north. There are also going to be
stunning buying opportunities. I suspect that sometime this
week the US techs will recover very strongly even if the correction is not yet complete. My view is that small investors should stand
well back from this mess and wait until markets stabilize.
Trying to second guess these markets is a mug's game.

MSFT is not as far as I know quoted on the
London market. I buy through the US market via a UK broker.

Enjoy the day.

pg

pg



To: vinod Khurana who wrote (3840)10/28/1997 4:01:00 PM
From: Peter Greenhill  Read Replies (1) | Respond to of 74651
 
DJ up 313 at 3.37pm MSFT up 4.

As predicted there is strong support for quality stocks in
the goldilocks economic scenario currently existing. The sell
off may not be over but is a very healthy creaming off of
froth before the next step forward. I hope not too many small
investors sold at the beginning of today only to see the
prices falls go into reverse and shoot past them to much higher
levels.

pg