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

To: Shea Jones who wrote (21194)	4/21/1999 4:25:00 PM
From: Teflon	Read Replies (2) \| Respond to of 74651

IBM just did us all a favor...eom. Teflon

To: Shea Jones who wrote (21194)	4/21/1999 5:39:00 PM
From: Frank Ellis Morris	Respond to of 74651

>> I just can't figure out what the market is thinking. If you would have told me 3 weeks ago when we were near 95 that we would be near 80 after an earnings report like that, I never would have believed it.<< The problem that solid companies like Microsoft and Dell are having is that they are not moving up 15 or 30 points today like many of the high flying internet stocks are doing. There is a casino mentality out there which looks for immediate gratification and damn to any stock that does not deliver such thrills. I know how this must piss off many investors. Today the Dow scored an all time high and the Nasdaq was up 78 points. So why weakness in Microsoft and Dell. Give us a break already. Hopefully the real solid companies like Microsoft will be rewarded soon. IBM blew the street away this afternoon. This has to be good for the market tomorrow but maybe some f*k* asshole tomorrow will downgrade IBM as was Microsoft today and cause the techs to tank Best Wishes Frank