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

To: Ibexx who wrote (20136)	4/9/1999 10:40:00 AM
From: Teflon	Read Replies (1) \| Respond to of 74651

Thanks for the update, Ibexx. I am not sure how much the negative institutional money flow will drag MSFT down here though, as the individual investor seems to be doing a lot of the buying. Remember, most average Joe's on the street like to buy stock with two digit prices, not three. So for most Mom and Pops out there, this is their once a year opportunity to buy MSFT shares before it makes its assault on 100. MSFT has a history of stalling after splits and backfilling as profit taking is natural with this stocks appreciation. This usually doesn't last more than a couple of weeks, however, and then the price action regains its momentum higher. Teflon