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Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?

To: bobby beara who wrote (3057)	7/31/1998 10:28:00 AM
From: Arik T.G.	Read Replies (1) \| Respond to of 5676

BB, I said 566 but will settle for 562. It was so obvious MSFT was not going to new highs after it ran to 117 on bad technicals (RSI, MA), but I was afraid to put it. It's Microsoft, you know. IMO at 25 times sales and last bullet (NT) getting ready to be fired, MSFT's valuation is in line with AMZN's and AOL's. One of the most exaggerated in this exaggerated market. INTC completed 5 waves up. This one IMO fired its last round (P-II) and will show declining profits in the future, due to lower margins. ATG