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


To: Jill who wrote (20444)4/13/1999 5:11:00 PM
From: RTev  Read Replies (1) | Respond to of 74651
 
Here's the nonplused reaction from one of the early stories:

news.com

Today's results will likely prompt a half-full/half-empty debate among industry watchers. On the positive side, the results show that unit sales of processors, and by extrapolation PCs, have continued to grow. Earnings have also kept moving up on a yearly basis. Gross margins also stayed the same at 59 percent.

On the other hand, prices have been eroding rapidly in the processor and PC market, a trend that culminated in an announcement that earnings at Compaq would be approximately half of expectations.





To: Jill who wrote (20444)4/13/1999 5:12:00 PM
From: Sir Francis Drake  Read Replies (1) | Respond to of 74651
 
Well, Jill N. - as a trader, I've done just fine. In fact, I've done significantly better than if I bought and held (I guess that's the standard by which trading should be measured). Maybe it's luck - but in that case, it's held for 5 years now. I find TA helpful, not just short term, but longer term as well (cycle work). To each his own.

Good luck with all your investments!

Morgan