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Technology Stocks : How high will Microsoft fly?
MSFT 508.82+0.6%3:59 PM EST

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To: Teflon who wrote (27006)7/21/1999 10:56:00 AM
From: larry  Read Replies (1) of 74651
 
T,

I sold out my last share of MSFT on Monday morning at 100 1/4 and bought puts instead, covered yesterday for a quick double.

The only STOCK that I hold currently is Q, and will add my position on any weakness. I got in Q way too late but it has been pretty damn good for me in the lsat 5-6 months. I truly believe that this issue will be a 4-8 bagger within the next 3-5 years. Remind of of DELL in 96-98. I can't say that with Softie. Softie sure will outperform the general market but it has become a mutual fund like issue to me. I can't hold this issue for the long run and be happy with its 20-30% yearly return. I have to buy low and sell high on this issue for several times a year, you know.

good luck,
larry
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