How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 483.69

+1.1%

3:59 PM EST

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To: Jake0302 who wrote (14392)	1/16/1999 5:19:00 PM
From: J. P.	of 74651

Jake, I sold those Jan 120's for about 15 bucks a while back, I've rolled up a couple of times since. Right if the announcement is good or if a split, I'm gonna hold. When I sell is more art than science with me. You know, sell your losers quick and let your winners run. Since I'm what you might characterize as a momentum trader with options, I'll let those options run till they hit about 15, then will be ready to pull the trigger when I sense the momentum slowing down. It's my belief that we're very close to a Nasdaq top, so I'm ready to take my profits fairly quickly. But I do want my lotto tickets to hear the earnings. Very risky, but I think a good risk, and isn't that what we get paid for?

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