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


To: Brian Malloy who wrote (9272)7/16/1998 2:29:00 PM
From: ToySoldier  Read Replies (1) | Respond to of 74651
 
Brian,

I agree with you. If one were going to sell MSFT on speculation to realize profits it would be before closing bell today. Tomorrow should be a down day for MSFT. I dont think as dramatic a selloff as last Q slide.

Toy



To: Brian Malloy who wrote (9272)7/16/1998 4:29:00 PM
From: Logos  Respond to of 74651
 
RE <<After years of observing MSFT I feel that there is an 80% chance that MSFT will sell down by the close tomorrow>>

While I hope you are correct, and very soon we'll see, I actually don't think there will be much of a down for MSFT tomorrow. We have to remember that a lot of the run-up was simply a comeback after the DOJ-related drubbing the stock took. Also, notice how INTC had a big pre-earnings run-up and then continued higher after posting ho-hum numbers. I'd love for MSFT to drop big so I could buy more, but I won't hold my breath. The one that might drop after its earnings may be DELL.

Logos