Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Terror who wrote (18935)	3/26/1999 10:24:00 AM
From: Teflon	Respond to of 74651

Terror, as I have said over and over, it all depends on you investing objective... 1) If your intent is to short term trade for profit, this market and therefor MSFT will be subject to the unknown variable of Kosovo. And though most of us view it as nothing more than a blip on the screen, I would argue that the media will have the entire weekend to talk about Ground Troops being sent over. This will scare the Market. We've already seen it at this morning's open. Don't underestimate the ability of the Street to manipulate this Kosovo into some powerful swings in the market. The trick therefor is getting in at the bottom of the downswing at selling at the top of the upswing. Tough call right now. I sold my April Calls yesterday due to the uncertainty. And I will sleep better this weekend because of it, regardless of the open on Monday morning. 2) If you are interested in buying MSFT long term, today is a great time to jump in. Period. MSFT rarely trades below its split price, and with a possible jump on Monday morning, todays price is a good one. As I have said before, I have owned MSFT for six years and have never looked back regretting a price I have paid for the stock, so don't pay too much attention to today's trading. Get busy and buy. Teflon I think