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

To: J. P. who wrote (13700)	1/1/1999 7:53:00 PM
From: t2	Respond to of 74651

IMHO, The markets are going to FLY!!! I am expecting the biggest gains this month -- better than any month this past year (in points at least). I think it will start Monday but there is a small chance there could be some hesitation for a couple of days. People's willingness to gamble on internet stocks is my clue to what will happen.-- When there is lots speculative money, there will be big gains following in the general markets. My guess is that Asia and Europe will be the catalysts along with the bullishness in the high tech stocks. BTW, If any techs have to preannounce poor earnings, I hope they do it monday.

To: J. P. who wrote (13700)	1/2/1999 5:58:00 PM
From: Jake0302	Read Replies (5) \| Respond to of 74651

Like tech2k, I think the markets will move strongly upward next week.... for a couple of reasons: 1. market charts (NAS, SP) have a cup (Aug-Nov) and handle (dec) look... someone mentioned this on CNBC and it does look like the O'Neill CANSLIM formation popularized in his book (How to Make Money in Stocks) 2. Internet mania. In contrast to bowling ball mania or radio mania, this is the beginning of a real change in how we all communicate and live... maybe EBAY, UBID, and AMZN won't go up forever, but WCOM, CSCO, MSFT, and a ton of other stocks we haven't heard of yet, will benefit. 3. Money. Still a big chunk flowing in in Dec. It has to go somewhere, and it isn't going in t-bills. Everyone (ie CNBC commentators, brokerage house representatives) say that the market can't go up forever... we should have a dip in February... etc. Maybe it is just my optimistic outlook as a result of being a graduate student and enjoying a pretty kick back lifestyle, but I think we may be on the early upslope of a "long boom" which was described in an interesting wired article a few years back... check it out... wired.com