How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 489.98

+1.4%

3:33 PM EST

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To: Teflon who wrote (27000)	7/21/1999 10:53:00 AM
From: codawg	Read Replies (1) of 74651

Thanks Tef. I expected some pullback after earnings although I still own a number of calls that I carried into earnings to cover upside potential. I had hoped the pullback would not occur so quickly, more like in Jan 99 or Jul 98. I have no worries about these calls since I sold (to close) many calls into the strength late last week and Monday. Added to my positions yesterday and now waiting to break through 95 as SFD points out. I don't think we're headed to new highs without some fundamental news, but there's still plenty of trading action. And I wouldn't worry too much about Q either. The day isn't over yet.

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