SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?


To: Lan Jaron who wrote (17553)3/9/1999 11:06:00 PM
From: t2  Read Replies (2) | Respond to of 74651
 
Finally, someone as bullish as me on MSFT stock. A little while back I used to buy hundreds and hundreds of contracts on MSFT call options. I have given up that practise but am still heavily invested. My investments in CSCO, Wal-Mart, and Intel pale in comparison to what I have on the line with MSFT.

It is going to be interesting day tomorrow. Some will expect a pull back in MSFT relative to the Nasdaq because of the denial of those rumors. Personally, I think the move in the stock was just a sign of things to come. I think it will keep pace with the Nasdaq tomorrow and ramp up the following day. Everybody in tech land knows this is the stock with best fundamentals;
it is the least likely to warn---even if someone started such a rumor all you would get is a big laugh--that is probably why they don't even try.(it is no Intel).

Some people that pushed the stock up to 164 3/4 are those anxious momentum investors just waiting to time the big move in the stock. It is inevitable. Without the settlement rumor, it would have started upward moves anyways-maybe a 1 or 2 days later. Maybe they are waiting for the INTEL warning period to end before starting the big buying in MSFT. IMO.

BTW--I will pass on the American politics debate. Sticking to MSFT.
Good Luck.