How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 483.03

+0.5%

Dec 5 9:30 AM EST

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To: Uncle Frank who wrote (19717)	4/5/1999 4:25:00 PM
From: t2	of 74651

Uncle Frank, This time i am quiting options for real. Just after I am done with selling everything and putting it into a "balanced portfolio" but overweighted MSFT shares (but definately optionless). I am going to be setting up a separate options account with some play money that I plan to use on MSFT this summer---probably call options. Of course call options. The buildup to June earnings release with the Office2k revenue is going to cause an incredible run up IMO. That is why I don't want to give up options entirely. My separate options account will account for no more than 4% of our holdings. This time I am confident that I won't get trapped in options again--getting disciplined. I sold much earlier than I normally would have in the past, which is sign of my risk averse behavior now in the developing stage. BTW-I think MSFT should crack the 100 level in the days leading upto earnings. However, an announcement of a settlement will push it well beyond that level. If they don't settle, it will be rocky and an call option buyer's heaven (but I will pass on that opportunity)!!

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