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

To: Teflon who wrote (16697)	2/22/1999 4:08:00 PM
From: PMS Witch	Respond to of 74651

I agree with your assertion that a weak morning followed by strength later in the day is a positive sign. I'd like nothing better than seeing this as the bottom of this selling pressure, but I think it's too early. I think the tech stocks, and MSFT with them, will not be back on solid ground until this summer. I'd be quite happy to be wrong about this, PW.

To: Teflon who wrote (16697)	2/22/1999 5:50:00 PM
From: t2	Respond to of 74651

I have very little in MSFT or any other stock. I do have some out of the money calls on MSFt. Trying to time the market. I had been selling as the stock was "rising" to 147 on Friday. I getting set to jump in to the shares and the calls for april anyday. There is still a lot of sellers of MSFT ---waiting for this to end. If the market stays positive, MSFT would probably go up a little, just like today. The momentum riders are still on the sidelines waiting for their chance--just like me. I will probably start very soon.