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

To: Elroy Jetson who wrote (9052)	7/8/1998 10:06:00 PM
From: Logos	Respond to of 74651

RE: <<$110 a share sure seems to mean something to a lot of people>> Yeah, it's been a pretty solid ceiling for a week now. I almost sold at the end of the day today when we couldn't break through $110, on the hope that MSFT would pull back to $107 tomorrow like the last time it tried to break through $110, allowing me to buy back at the lower price. Good thing I didn't though, since Yahoo's earnings may lift the whole software/internet sector, including MSFT. I'm guessing MSFT will hit $112 tomorrow, though I can't guess whether it will drop again or whether $110 will become the new support level and we'd just ramp up from there in expectations of good earnings. Whatever, just thankful for the nice profits. Logos