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

To: johnd who wrote (17118)	3/2/1999 5:02:00 PM
From: t2	Respond to of 74651

Johnd, It looks like the rest of the week is going to be like this. When that employment is released, we should finally see it end or earlier.

To: johnd who wrote (17118)	3/2/1999 5:14:00 PM
From: ToySoldier	Read Replies (3) \| Respond to of 74651

Funny stuff folks. So now when is MSFT gonna fly. The split date is getting REAL close and I dont see $175 to $200. Tech should stop saying its gonna fly because everytime he does, it heads south. On the other hand, when I say it will fly then it also heads south. So lets try the new theory of MSFT stock trending. I predict MSFT will be over $250 by end week!! GO MSFT GO!!! Toy (Ohh I needed a laugh today - its been a bay day otherwise).

To: johnd who wrote (17118)	3/2/1999 5:19:00 PM
From: djia101362	Respond to of 74651

johnd, it really is nice to see you so bullish now days. MSFT was actually doing alot better when you thought it was getting too expensive. Could you try to be a little more negative to help MSFT get off the 150 mark. I did not realize what a pounding some of the Naz stocks today. INTC -7, wow. INTC was a $140 stock when they released earnings in mid-January. Under the circumstances, MSFT is still holding up quite well. But if we look back to the September and October correction, MSFT and CSCO were probably the strongest tech stocks before the entire market caved in. Right now MSFT and CSCO seem to be holding up the best aside from the I-net stocks which seem to have a mind of their own. I just hope we're not going down the same road again but considering MSFT is up more than %50% from the October lows and CSCO is up over 100% in the same time frame, we really came come a long way in a very short time. IMO, stock splits are great when stocks are going up but when the market is in a downtrend, owning twice as many shares can be a negative. I've always believed that stocks tend to trade in terms of absolute ranges more than relative ranges. What I mean by that is MSFT generally trades in a 3-4 point range on a daily basis, after the split it will continue to trade in perhaps a 2-3 point daily range rather than a 1.5-2 point range that the split would have you beleive. I really do think we need to right this ship in a hurry otherwise we could be in for some tough sledding over the short term. MSFT is still the BEST company in America but even the Best company cannot keep swimming upstream forever. This in no way means I a going to sell MSFT but I do think now may be a good time to turn off the volume on the stock market for the next month or two. I've never been a very good market timer so based on my short term market concerns, now is probably a very good time to establish new positions in MSFT. C'mon guys, let's see those 100k buys lined up for tomorrow's open.