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


To: Catcher who wrote (21203)4/21/1999 4:50:00 PM
From: Teflon  Read Replies (2) | Respond to of 74651
 
IMPORTANT, PLEASE READ:
For the record folks, and I know I have been beating this drum over and over, but I want to share my good fortunes with the Board:

Buy SFE

I will keep repeating this over and over until folks start telling me to shut up or that they bought in. This is the next CMGI in the making. They had a very positive partners meeting today from the rumors that I am hearing.

FYI, that little company "CWSS" that I mentioned a month ago when it was trading ~ $2/shr, it just announced WCOM was buying it out for $24/shr. Not a bad return!

Tomorrow will rock.

Teflon



To: Catcher who wrote (21203)4/21/1999 5:03:00 PM
From: DownSouth  Respond to of 74651
 
MSFT trading at 83 1/2 after hours. (Up 1 1/2) Thanks IBM.



To: Catcher who wrote (21203)4/21/1999 5:04:00 PM
From: Teflon  Read Replies (1) | Respond to of 74651
 
Amazing institutional trading lesson that took place for anyone that had the time to watch the trading action in MSFT today. The institutional crowd really put on a show on how to keep the price low through minimal bids of large block purchases. Right now on instinet your are seeing the biggest block trades of the day. Most of the block trades came in today around the $81 level, and they were only large enough to push out the weak Ask lots without providing much upside pressure.

The reality is folks, that now the heavy hitters, after buying up tons of shares today in small blocks at low prices, are now filling the remaining portions of their orders on instinet. And tomorrow they will already be in the black when the market opens. They managed to buy most of their shares today at supressed prices without providing much upside pressure.

Look at the MSFT trading volume today, it tells the story...

Wall Street Schooling 101.