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

To: Gerald Walls who wrote (16513)	2/19/1999 4:24:00 PM
From: jef saunders	Read Replies (1) \| Respond to of 74651

wave 1 down 175 to 155 wave 2 up 155 to 165 wave 3 down 165 to 143 wave 4 up 143 to 2 good days in a row...looks like wave 3 may have ended. that would make the high 130s the bottom if we get a wave 5 down. the chart looks like a very sped up version of july/aug/sept correction, with us now in september. jeff

To: Gerald Walls who wrote (16513)	2/19/1999 4:37:00 PM
From: t2	Read Replies (1) \| Respond to of 74651

4 things happened today: 1. Caldera lawsuit postphoned til January---("out of sight, out of mind" 2. Java decision 3. Lehman reiterating "buy" 4. Defense getting better. If the first 3 did not happen, we would have seen a 5 point drop at the open--since CNN ( Lou Dobbs---"Microsoft hater") and others gave the Compaq story a lot of air time last evening. Number 4 helped us keep the gains. Well, maybe I am wrong in the importance each of the above---but we would have seen a sharp decline. Feeling better about the next 2months.