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


To: Exacctnt who wrote (17423)3/8/1999 4:26:00 PM
From: Teflon  Read Replies (2) | Respond to of 74651
 
Bob, that's not what I meant at all.

Typically, when MSFT's trading gets very thin and volume activity gets unusually low (as in today when I posted @ 1:20 pm - only about 5 MM shares had traded), either the sellers or buyers are losing momentum and supply. I think MSFT hit that point today on the sell side, thus the bias towards the buy side and increase in price from 1:20 pm (when I posted) with increased volume.

I have owned MSFT for several years and this is just one of the many "traits" of the stock that I have learned to recognize.

Take it for what you want.

Thanks,
Teflon