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Technology Stocks : How high will Microsoft fly?
MSFT 510.37+1.4%Nov 14 3:59 PM EST

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To: Bill Holtzman who wrote (24467)6/20/1999 7:24:00 PM
From: t2  Read Replies (1) of 74651
 
Bill, I always want better than 50/50 odds. I need to be 75% certain that my options buy will be a success. Unfortunately, with net stocks, i feel i am at 50/50. My tendency has been to get carried away and risking too. As long as you are disciplined and don't gamble a lot on options, you are OK (maybe).

I have not been taking risks with out of the money call options--with less than 2 months to expiration. Next week, i might make a July out of the money call buy---I don't remember doing that kind of buy since February. I have stuck to July 70 calls--which i have held for about a couple of weeks(and added some recently). This is the first time in months that i feel (slightly out of the money --90s) are a good bet or maybe even. Got to remain disclined if buying out of the money MSFT calls---that is, don't add too much if the stock starts dropping.

Good Luck if you are in MSFT options.
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