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


To: ed who wrote (18686)3/24/1999 1:13:00 AM
From: t2  Read Replies (2) | Respond to of 74651
 
Ed, MSFT's trading activity has been very bullish---well it dropped a bit more than the Nas but it has been doing better than the nasdaq for a while. I don't expect that to change and I don't think you do either.

Ed, our predictions from long ago of 200 are still out there--
100 post split and before earnings is still mine.



To: ed who wrote (18686)3/24/1999 9:31:00 AM
From: Teflon  Read Replies (2) | Respond to of 74651
 
Mr. ed, yesterday's trading started out strong.

MSFT opened up and crossed over the 174 mark even as the NASDAQ (including DELL) were trading down.

TO ME, THIS IS A BULLISH SIGN.

As far as the rest of the day, well when you combine a new war being launched along with further tech downgrades being tossed around like popcorn at a movie theater, MSFT really had no choice but to give in.

ESPECIALLY WHEN YOU CONSIDER THAT MSFT IS WITHIN 10 points of a new all time high, and other tech bellweathers are 20-35% off their highs.

I stand by my statement that MSFT is behaving very bullishly at this time, and I fully expect MSFT to race towards a new high once the Market turns around. Hopefully by the end of the week, if the bad news subsides.

Teflon