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Strategies & Market Trends : Tech Stock Options

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To: Darth Trader who wrote (40332)	4/19/1998 6:16:00 PM
From: j g cordes	of 58727

Hal and Darth.. please don't misinterpret my caution about being short MSFT as saying one should be long. Its high, relative to its financials IMO, and may not have much appreciation over the next quarter, while it could have downside.. the whole market needs to have downside.. its getting to be like a wonderful pancake that someone forgot to flip over.. !! Its odd writing negatives about this company. If I were to substitute its name with another company and ignore the hype and expectations in my mind, I'd say it should fall and write calls against my position... then buy back on the next retrace. In a word.. protect your profits. Jim

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