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


To: vinod Khurana who wrote (3867)10/31/1997 12:25:00 AM
From: David E. Henry  Read Replies (2) | Respond to of 74651
 
No Way, Khurana. MSFT has serious support at $130
Baring a major major problem, this stock will establish a
higher trading range soon, now that we are through the October darkness.
Remember, the stock has survived a lot, I mean, a lot off bad
stuff thrown at it. But; the fundamentals are so strong that it has kept boucing back.
Of the 25 + tech stocks that I follow, MSFT always get hit the least
percentage wise when techs are whacked.
With Intel dropping prices, PC puchase will be inreased. Computer retailers are predicting high demand and Microsoft gets a piece of each sale.
Hold tight!