Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Sir Francis Drake who wrote (23703)	6/6/1999 7:28:00 PM
From: t2	Read Replies (1) \| Respond to of 74651

Morgan, I am expecting a rally in the markets. In the last little while the sentiment was very negative among those appearing on CNBC and the market still held up. There is a lot of confidence among the individual investors in the market being able to rebound----it has every time. For that reason, i am expecting MSFT to participate in the next little while even if the news from the trial is not that good. If the MSFT lawyers can put on a good showing against the IBM witness, MSFT may actually outperform. I would say that the stock performance is a mix of the market conditions and the snap shots from the trial. BTW--I have started to do a lot of trading. MSFT is also getting to be a good candidate. I might sell off some position if we see low 80s and buy back if the opportunity arises. Going close to 100% MSFT is a little too much even on a long term basis and I might have to reduce it by doing some profit taking on my options holdings.--that should get me down to 50% or so, leaving shares only. (Hard to determine the mix of a portfolio but I try based upon what the options contracts translate into shares---and also factor in the share holdings) .