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

To: DownSouth who wrote (13930)1/7/1999 1:10:00 PM
From: t2  Read Replies (1) | Respond to of 74651
 
Considering what starting in Washinton, the market is not doing bad. Looks like just a breather to me. Getting more and more optimistic. The techs start rolling out earnings next week --- can only add momentum to the markets. I think that is why there is not as many sellers out there ( I guess it has the CNBC people puzzled). It looks clear to me.



To: DownSouth who wrote (13930)1/7/1999 2:36:00 PM
From: LindyBill  Read Replies (3) | Respond to of 74651
 
It could be argued that when these stocks fall, the rush to quality will sustain the blue chips, including tech companies that have earnings, such as MSFT, CSCO
I agree with the arguement, Downsouth, but I do think a "tulip" crash would bring the tech sector down some. However, I don't see an overall tulip crash, just some shakeout. How Amazon can keep its price when it can't make money is beyond me!


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