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

To: t2 who wrote (14141)	1/11/1999 1:38:00 PM
From: bsl113	Read Replies (1) \| Respond to of 74651

teck_2K, I was thinking that people would gain a sense of reality and sell on the internet stocks and move their money to more fundamentally sound companies by now. It appears its just not going to happen soon. Networks Solutions hurdled past 200 with no problem... Why people didn't notice that company when they IPO'd at 18 and now its like wholesale caviar, they can't get enough. More insanity...... NET STOCKS. Broadcast.Com (BCST) raged as high as $230 before trading was halted, and Nasdaq asked the company to comment on unusual trading in the stock. In response, the company offered a "no comment." The action began late Thursday afternoon, when Broadcast.com's shares were trading hands for just over $100. The stock opened at $132 Friday morning, gaining $30 by 11 a.m. But that was just a warm up as it moved past $200 to $230 before being halted at midday. Trading resumed at 1:20 p.m. EST, with BCST falling as low as $175, still up $65 and 1/2 on the day. Broadcast.com's surge took place while other high-flying Internet names posted the usual leaps. The big movers included Internet venture fund CMGI Inc. (CMGI), Yahoo! (YHOO), GeoCities (GCTY), RealNetworks (RNWK) and Lycos (LCOS) . I just keep thinking the Bomb will drop eventually. MSFT has enough cash to build or buy many companies like this. But they don't because there really isn't a reason to do so or they would of by now. MSFT always looks at the big picture. e.g. Cable Networks, Satalite Distribution. I have faith that MSFT will prevail. Bryan