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Technology Stocks : How high will Microsoft fly?
MSFT 475.71-0.6%3:51 PM EST

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To: t2 who wrote (22646)5/13/1999 11:51:00 PM
From: taxman   of 74651
 
"I used to buy .. out of the money call"

druing that time (1967-8) i bought 1999 leaps on ge, msft, lu, csco, dell and sunw, among others, exercised and am still holding.

still buying options on a regular basis, but in small amounts (this is the key to playing options) so a loss is small, but because of leverage i can still win big.

current winners include bgen, hd, qcom, adrx, amtd, aol, unph qlgc and gmst. i also buy puts.

regards

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