How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 506.00

+1.8%

Nov 10 3:59 PM EST

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To: Bill Holtzman who wrote (26476)	7/17/1999 3:08:00 PM
From: t2	Read Replies (1) of 74651

The heavy volume is a great sign. Pre-Market Monday will tell the story, IMHO. This stock should open a lot higher. I feel panic will set in----those short the stock will try to cover ASAP considering that all we have been hearing about is how great the earnings are going to be. In addition, this tracking stock, and Bristol win will really scare the shorts. By the end of the day, we may see some short sellers come back in but in the morning this stock will be flying!!!! I hope you have held on to your call options. I will be tempted to take profits on some of my leaps Monday----Is holding through earnings worth the risk? At this point i am not sure and that is why i will use a strong day (105-110) to take profits. Anything less and i will hold on. If i had held shorter term options(which i don't)--Aug to Dec, i would be tempted to reduce some positions even at about 100.

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