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


To: Uncle Frank who wrote (23255)5/26/1999 8:48:00 AM
From: Teflon  Read Replies (2) | Respond to of 74651
 
Per CNBC, this morning:

1)Mary Meeker says 63 deals (IPOs) to come in the next 6 months in the internet sector.

2) Continued weakness in the short term for the high tech sector.

Wasn't this the same Meeker that just reiterated her "Strong Buy" rating on AOL last week?

3) Merrill reinstates accumulate/buy rating on MSFT with 12 month target of 86 on the stock.

The Street never ceases to amaze me. The Street is scrambling to make sense of the weakness in the market.

FYI, NASDAQ Futures are up 32 points.

Teflon