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Technology Stocks : MSFT Internet Explorer vs. NSCP Navigator

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To: Daniel Schuh who wrote (15477)12/23/1997 5:32:00 PM
From: Geoff   of 24154
 
Hi all, I never thought I'd go near MSFT, or this thread, but the DOJ moves made me move in. I just got out of my Jan 130 puts, and am looking to ride this stock down to the bottom, but am not sure what to make of this dramatic sell-off. Where is the bottom? I would like to hear some opinions re: the DOJ and end of year selling.

Does anyone think that MSFT will continue to slide at least until 12/31, especially when you think that most traders are on vacation, and that the DOJ is really hammering away at MSFT? Could this selling also be attributed to people clearing out this year's gains coupled with the DOJ?

Basically, I'm wondering how bad you all think this situation for MSFT really is. I would like to short, but don't have the guts, so I'm left with options. Due to my uncertainty I am looking at straddling MSFT, but before I do, I'd like to hear some more opinions.

thanks,

geoff
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