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

To: blankmind who wrote (17676)	3/11/1999 4:41:00 PM
From: Offshore	Respond to of 74651

What is the phone # for the conference Call

To: blankmind who wrote (17676)	3/11/1999 4:42:00 PM
From: Just_Observing	Respond to of 74651

Stock went down because Cramer (of thestreet.com) spread a rumor. The stock tanked after that rumor (3:42 pm) Here are the details: "Again, I Don't Want To Know the Reasons why people keep rumouring tech down. But they are doing it. Today's catalysts included some nasty statements by Ingram Micro (IM:NYSE) and some conference call after the close re: Microsoft (MSFT:Nasdaq). (The word is that the call will be about a product delay, and this was out even when the stock was up 2, so go figure.) "

To: blankmind who wrote (17676)	3/11/1999 4:47:00 PM
From: c.r. earle	Read Replies (2) \| Respond to of 74651

Really difficult to read into the move of the stock and the related news. The stock actually bounced off its lows very close to the end of the trading day. At 1552 hrs it was trading at $159 3/8 and closed at $161 3/8. And on instinent was trading up marginally at $162 shortly after close. So very difficult to gauge. I would at least venture to say that the strength at the end of day is certainly more positive than not. But anything is possible. Many of the tech and internet stocks firmed at the end of trading. We shall soon see. Let us hope it is not an announcement re: a delay in shipping.