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


To: Offshore who wrote (18379)3/21/1999 9:52:00 AM
From: Teflon  Read Replies (1) | Respond to of 74651
 
Offshore, if anything, the stock may start out slow Monday morning.

Many will argue that MSFT will gap up Monday morning (based on its strong trading on Friday) and will continue to power upwards towards the closing bell, PROVIDED WE DON"T GET A TECH WRECK ANNOUNCEMENT FROM IBM, CPQ or someone else to drag the whole market down again. I might even argue that MSFT would still trade up even with a tech wreck announcement as history shows us that the week of the MSFT split is an extremely bullish week for the stock.

So what does all this mumbo jumbo mean??

Buy into MSFT as EARLY AS YOU CAN this upcoming week, with any weakness on Monday morning being a "gift". Waiting until Wednesday to buy will only leave "could have been profits" in your rear view mirror as we head towards Friday's close.

Teflon



To: Offshore who wrote (18379)3/21/1999 11:19:00 AM
From: taxman  Respond to of 74651
 
"Does this mean that you think [monday is] a good time to sell and [wednesday a good time to] buy back?"

no. i am not planning on selling my shares this week.

regards