How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 496.92

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Nov 7 9:30 AM EST

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To: Sir Francis Drake who wrote (25920)	7/13/1999 12:02:00 PM
From: Teflon	Read Replies (3) of 74651

For the record, Morgan, I've been selling puts on the following issues primarily with a October expiration: MSFT CNET GMST QCOM These are the safest Option plays, IMHO. I have sold 100 MSFT October 85 Puts over the past 45 days, and I am deciding whether I start to cover them over the next 2-3 days. I have made a fortune on these Puts. Its safe to say, however, that this strategy embraces a significant amount of risk, and I certainly do not recommend this strategy for the faint of heart. And of course, you have to be able to cover! But it works for me, at least so far <vbg>. Teflon

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