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Technology Stocks : How high will Microsoft fly?
MSFT 493.66-2.7%10:17 AM EST

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To: Teflon who wrote (24742)6/23/1999 3:52:00 PM
From: t2  Read Replies (2) of 74651
 
Teflon, I have a big call option order (july 85) in order to take advantage of this selloff in the stock---not hitting my price yet. I would call it a one week or less trade.

You are right that MSFT may not outperform the Nas today but we only have one lousy day of this trial---thankfully. This combined with Greenspan's 1/4 point rate(too many people spreading rumors of greater hikes) hike should really light a fire under the stock.

Going forward, I am very bullish on MSFT even on a short term basis --ie 1 month.
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