How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 488.02

+0.2%

Dec 24 12:59 PM EST

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To: Jake0302 who wrote (26123)	7/15/1999 1:53:00 PM
From: Tom Bunge	Read Replies (1) of 74651

All right, another go ... If the big bad guyes "manipulate" (my disclaimer at hand) the price, why then don't I roll my July 80's over into August's. I then gain reduced selling pressure on the stock as of Friday 9.02 pm, and the benefit of the earnings on Monday. At current option prices, July 80's sold 14.50; August 80's purchased 15.75; should be able to recover that 1.25 spread. Sounds like a fair and juicy deal ... My question: Who foots the bill? Where does the system give? Or perhaps, in the mind of those gentlemen applying selling pressure, earnings are already built in the price ...? Who knows? Cheers

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