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Technology Stocks : How high will Microsoft fly?
MSFT 477.69-2.9%1:59 PM EST

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To: Matteo who wrote (27076)7/22/1999 11:30:00 AM
From: Teflon  Read Replies (1) of 74651
 
Matteo, great to have you on "Board"!!! Please feel free to add to our discussions whenever you have the desire. This is a great Thread with many valuable participants. The more input the better as far as I'm concerned.

Regarding the short term outlook for MSFT and your Aug calls...that's a tough one. I wouldn't get too greedy with them, and if you have the opportunity to get out of them with a small profit, I myself would probably jump on it. Just my opinions, but I am typically more conservative when it comes to MSFT options. One thing I think you'll pick up over time is that many of us try to play MSFT Options only during the period leading up to an earning's release or a split. At least when it comes to Call Options and LEAPS. I always try to be out of all my long MSFT option positions prior to the actual release of earnings or the split execution. Again, these are just my opinions and t2k would probably provide much more sage advice.

As always, try to pick a profit point that your happy with, try not to get too greedy with Options, and remember that "Fortunes are made by selling too early" -- one of the best quotes I've ever heard.

Welcome aboard,
Teflon
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