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


To: t2 who wrote (23346)5/27/1999 3:46:00 PM
From: Teflon  Read Replies (1) | Respond to of 74651
 
Here we go, the last 1/2 hour before the close---where all the action is. Anybody think that since the at large consensus is that the markets will sell off through Friday, that the NASDAQ might actually move/hold up today and/or tomorrow and show some strength? I tell you, people like Mary Meeker should be forced to take lie detector tests. Wouldn't that be interesting!

MSFT is STRONG -- and that is the key, folks. The tech sector will move with MSFT.

Teflon



To: t2 who wrote (23346)5/27/1999 3:59:00 PM
From: Teflon  Read Replies (1) | Respond to of 74651
 
Anyone get the feeling we are going to get some interesting news after the bell today??? Anyone home??

HELLOOOOOOOO. Anyone out there????

Even though the Market isn't moving up, we can still have some fun.

Teflon



To: t2 who wrote (23346)5/27/1999 4:09:00 PM
From: Teflon  Read Replies (1) | Respond to of 74651
 
NASDAQ closed down 8 on light volume (850MM shares). If we had some buying volume today we would have had a strong session. Relatively strong trading day all things considered, especially given the Fed concerns that hit the Market at mid-day. MSFT looks solid. I am very comfortable with how this market is trading.

It's good to see the commodities and cyclicals sell off as it helps squash fears regarding inflation (when commodities sell off) and will serve as the catalyst to return the leadership to the tech (MSFT) stocks as the Market moves forward.

Teflon