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

To: Teflon who wrote (23359)	5/27/1999 8:01:00 PM
From: Chip Anderson	Read Replies (1) \| Respond to of 74651

StreetLife thinks MSFT is a good buy at these levels: cgi.pathfinder.com "FAVORITE STOCK.... Despite my nervousness about rising rates, I still think Microsoft is a great buy. It's off 25% from its high earlier this spring and Windows 2000 and Office 2000 should keep investors excited in the months to come. In fact, Lehman Bros. just raised its price target on Microsoft from $92 to $110. The market apparently agrees: While other stocks were falling sharply Thursday, it dropped just 1/8, to $78 3/8" Chip stockcharts.com

To: Teflon who wrote (23359)	5/27/1999 10:57:00 PM
From: t2	Read Replies (4) \| Respond to of 74651

Teflon, Any ideas for the MSFT price movement for tomorrow as it is the last day before the trial restart. I was expecting some underperformance this week but it not happen. I wonder if the same is in store on June 1.---I sure hope it does not break out in next week as that would mess up my plans. That is when I plan to start picking up my trading shares and possibly July options if the price is right. I am hoping for no higher than 76 to 78 for early next week---although I would prefer 75 (ain't gonna happen). I might just be forced into in the money july 70 calls instead of out of the money calls if the stock holds up this well. I decided to pick up some drug stocks along with IBM today.