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

To: Teflon who wrote (18593)	3/23/1999 9:10:00 AM
From: t2	Read Replies (2) \| Respond to of 74651

OT Teflon, I think you may be correct on Dell---I might actually try Gateway but am going to pick my spot. I think the stock that is getting hit unfairly is Intel. Considering AMD's production and legal problems, Intel is a great buy. I would be surprised if I see weakness in their earnings release. They have already shipped Pentium III --- and probably a lot of them in Feb and March whereas the PC makers will have to wait til the next quarter to completely recover from the Pentium 3 transition. I actually might add Intel on any more weakness if I can get away from those net stocks!!

To: Teflon who wrote (18593)	3/23/1999 9:14:00 AM
From: t2	Respond to of 74651

Hoping we have a weak tech market in the morning and hopefully the big buyers or bottom fishers will start coming in late morning or afternoon. In any case, MSFT will outperform the Nas today---it will get easier and easier to do this as we get to Friday. A positive Nas will of course provide a huge boost. Good Luck----I am heading to work and am gonna miss all the fun.

To: Teflon who wrote (18593)	3/23/1999 10:35:00 AM
From: Gerald Walls	Read Replies (2) \| Respond to of 74651

Gerald, how do you get a "U" shaped handle with the opening on top?? x x x xxx xxx xx x x xx x x xx xxx x xx x x x x x x xxx x xx \|-------\|-----------------\|------\|----\| A B C D A - End of prior advance B - Cup C - Handle D - Beginning of next advance You want to see volume decline at the bottom of the cup and the handle. You then want to see it pick up gradually as the stock advances. Then you want the breakout from the handle to be on heavy volume, like 150% of daily average or more. Handles can also be essentially flat and just run along the resistance line.