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Technology Stocks : How high will Microsoft fly?
MSFT 459.87+0.7%Jan 16 3:59 PM EST

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To: Teflon who wrote (28697)8/25/1999 6:28:00 PM
From: t2  Read Replies (2) of 74651
 
Hi Teflon, Well i did it. Bought call options on MSFT the first chance i got this morning. I am taking a longer time horizon--January 100s. Just waiting for MSFT to break out to an all time high just like others such as Intel. It that occurs, i sell but if it does not, the Januaries are a sure thing anyways!!(IMHO of course).

Just thinking about taking some profits on QCOM (another 10 points today).

It is very difficult for me to trade for the next little---and i am doing this without reading any intra day news on the stock.

We might head into a very short lived correction in the Nas but who cares. The real momentum looking out 4 months is a strong move up--hoping to see MSFT over 120.

Good Luck tomorrow.
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