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

To: DownSouth who wrote (13901)	1/6/1999 5:06:00 PM
From: johnd	Read Replies (4) \| Respond to of 74651

A parallel to the charts of summer 98? From May to July we had a move in MSFT from 84 to 120 prior to July earnings release. Then the stock took a 25% correction all the way to 88 by September. If a similar pattern develops we could see this run from 103 to 150+ end in a 25% correction to the low 120s by late Feb to early March. I will invest my cash back in. My predictions: (1) No stock split in Jan (I am the only one saying this and I am lonely on this opinion) (2) Cautionery guideline to Q3 (3) Stock gradually drops to 120- 130s. johnd