How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 478.47

-1.1%

3:59 PM EST

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To: Gerald Walls who wrote (26446)	7/17/1999 10:19:00 AM
From: Jean M. Gauthier	Read Replies (1) of 74651

Is that the ZMF 95's 2001 ? I cannot believe I paid $ 23/each on January & while the stock has appreciated from 94 to 99 (since I bought them), I am ONLY back to $ 23-24/each.. I can buy MSFT for $ 95 if I exercise, and yet the intrinsic value of my LEAP is "still" only 23-24 $. Go figure... An this is a 2001 ! Oh well, live & learn Take care Jean OTOH, I REALLY love the 2x 2002 LEAPS, Strike 100 I have bought when it was trading at $ 89 or so. I bought at 22.5/each, and I think they are up to $ 28.75/contract, an appreciation of $ 6.25/contract, or $ 625 each. (28% Return) Take care Jean

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