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


To: Hal Rubel who wrote (16859)2/24/1999 12:31:00 PM
From: RTev  Read Replies (2) | Respond to of 74651
 
Great questions. Here's my take: We'll see at 175 at least once and probably twice in the next month. The current run might top out at nearly that, but the release of Office2K along with the split and the trial break will bring it back up there on a strong rise. But I suspect there will be extraordinary resistance at that point as institutions pull back out of uncertainty over the trial outcome.

My guess is that trial resumption in April will deflate it quickly as speculation about the result increases.