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

To: facai who wrote (8673)	6/25/1998 5:08:00 PM
From: Hugh W.	Read Replies (1) \| Respond to of 74651

Relax, it will 120 around earnings.

To: facai who wrote (8673)	6/25/1998 6:58:00 PM
From: X-Ray Man	Respond to of 74651

Yeah. Win98 was released to luke warm reception. Alot of "Win98 is overhyped" type of reviews released today. Stock built up on anticipation of release and DOJ announcement. Buy on rumor, sell on news. So, good news is out, and reality is setting in. Short term traders are taking profits before a general drift down. Any overall hit on the financial markets will now hit MSFT as a bell- weather stock. For myself, no longer owning any MSFT or options, I have to admit I figured on the peak on release, and shorted. I am suspecting the stock will drift down to low 90's.