How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 486.50

+0.3%

Dec 23 3:59 PM EST

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To: Li Cai who wrote (15467)	2/3/1999 11:57:00 PM
From: t2	of 74651

Short it at this price and you get burned! If you want to short it, it better be in the mid 170s. OF course i am talking a very short term trade. I personally won't do it---- have "soft" spot for this company. If I short, I might pick Dell if it goes up another 20 points (if it doesn't I won't short--will just stay away) leading into earnings. I actually sold covered calls for half of my portfolio in my margin account. --Feb 175s. In addition did the same with INTEL Feb 145s. I get the feeling INTEL shares may get called on me but I will be happy with the move. However, I have a lot of INTEL and MSFT call options(April) in my retirement accounts.

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