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


To: t2 who wrote (14403)1/16/1999 3:59:00 PM
From: Bill Holtzman  Read Replies (2) | Respond to of 74651
 
T2000,
I understand why you think it would be hard to bear down this stock. After all, it's the #1 stock in market cap! At the same time, can any of us really imagine the gobs of money some big players must have after the greatest bull market in history? Especially those who've been riding this stock? Figure the ultimate MSFT investor, Gates himself, could probably double this stock in one day without serious effort: just put in a market order to increase his holdings by 5% (25 mil sh). Of course the sellers would quickly drive it back down. My point is, though, don't think the leverage/cash isn't out there to move this stock.

Bill