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


To: Teflon who wrote (23402)5/28/1999 3:19:00 PM
From: Sir Francis Drake  Read Replies (1) | Respond to of 74651
 
C'mon Teflon - the volume on a Friday going into a long weekend has got to be low (unless there is company or sector-related news). This was entirely predictable, and the late action is absolutely meaningless. Many traders leave early today, bond guys leave, institutions square loose ends. BTW, notice we just dipped below 80, and then popped right above it. If this was any other day, I'd look at MSFT's behavior around $80 as extremely significant - where will it end up? Today, it's meaningless.

Morgan