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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Teddy who wrote (6492)	3/24/1998 11:41:00 PM
From: LastShadow	Read Replies (3) \| Respond to of 120523

MSFT There is an old adage that goes something like this: "If an analyst touts stock, sell it. If the CEO praises it, short." While the CFO isn't Bill Gates (but he is pretty tight with him on this), and I would be the last one to short MSFT, I'll have to pass on listening to any conference calls. For one thing, its old news, and the soon-to-be news will be reflected in the price/volume action of the market. MSFT may beat estimates, for either actual or projected earnings or growth or both, or they might not. I think I will just watch the tick and play the splits and swings, and try to figure out where the bounce entry will be when the correction comes. just a thought... lastshadow