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


To: Tech Bull who wrote (4281)12/15/1997 1:21:00 PM
From: Exacctnt  Respond to of 74651
 
Tech Bull, The quality stocks are finally getting wacked. The leading questions: Is this a final capitulation of the high tech correction? Is it the funds locking in profits for the year? Is it the Asian Flu? I wish I knew.

Will there be a year end rally? Everybody says so. Does that mean we won't get it? Again, wish I knew. But, a different question comes to mind. According to the news, the first of the year will bring massive new money into the market. Where is that money going to be invested? T-bills - at under 6%, I don't think so. International stocks - with the asian flu going around, No. Gold and precious metals - no. The US stock market - with no better alternative, I think so. Which stocks will benefit - I don't no.

As you see there are more questions than answers. In times like these, when the easy money has already been made, investing is going to require researching stocks. Something that wall street analysts have been remiss of late.

Regards,
Bob