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Technology Stocks : How high will Microsoft fly?
MSFT 478.53-1.0%Dec 12 9:30 AM EST

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To: Teflon who wrote (17766)3/11/1999 7:42:00 PM
From: t2  Read Replies (1) of 74651
 
Teflon, I am into April call options big time and won't be losing sleep over this announcement today. I have made my retirement on MSFT call options.
I actually got a little concerned when Faber on CNBC came on at 3 pm and mentioned the conference call today---He said it would deal with Office and earnings guidance.
I got rid of some April calls on my wife's account along with the shares---only to buy back the shares later at a reduced price.
I had a hard time to decide what to do this afternoon between 3 and 4.
In the end, I knew the quarter in which Office2k gets released will be a blow out--no doubt about it (i still remember Office97 release).

I had unloaded my March 160 calls EARLY today @ 6 3/8 as I hate to trade short term with no news. I was in a surprise about the news however. I never experienced so much indecision as i did today but am glad to have stuck with my April calls. More confident than ever.
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