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


To: Drake who wrote (20517)4/14/1999 12:11:00 PM
From: larry  Read Replies (1) | Respond to of 74651
 
I can't remember whether it's street.com or briefing.com. But you can see it with your eyes. The market darlings have been underperforming for the last 5-6 sessions. Sure it might be attributed to option expiration and CPQ-INTC disappointment, but the trend does not cheat.

Sofite has strong support at 89, which is split price. Historically, MSFT never goes below its split price. But with the recent weakness in the big cap issues, I won't be surprised to see the issue dip further. However, issue should at least test 95 for the earning rally. Same goes with AOL: it should test 170+ by the time they release report. However, with no split coming out of these issues, they are sure to go down after the reports. For MSFT, the case is about to reemerge.

larry!



To: Drake who wrote (20517)4/14/1999 12:36:00 PM
From: ed  Respond to of 74651
 
Well, just his own imagination + April fool day + Greediness( he wants to buy MSFT at lower price) + seasonal POP for those small and medium caps.

Just remember, strong always get stronger, and weak always getting weaker. Who can beat MSFT, CSCO, LU, INTC, AOL, IBM , ..etc who have unlimited resource for R&D, marketing and sales, especially all those big CAPs are with deep pocket.
You know that, I know that , and most important , the institution know that, everyone knows that. Small caps may pop up once in a while due to seasonal factor, but consistency is the major factor when thinking about investment.