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


To: t2 who wrote (23303)5/26/1999 11:11:00 PM
From: t2  Read Replies (1) | Respond to of 74651
 
I just realized that MSFT traded at 75 1/2 this morning. Wow! I was out and did not track the market until about noon. I had no idea MSFT was actually pushed this low. That was an incredible opportunity.
Good trading for those that bought it so low.

I am adding some IBM stock if I get the opportunity tomorrow. At this point it should do better than MSFT---in the short term. The only problem is that it might continue gaining tomorrow in a big way (with a high open). Stock split takes effect tomorrow. No DOJ + No high PE + a positive earnings outlook == lots of upside!!
There still may be plenty of upside left in IBM due to a lack of reasons for selling.