How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 486.80

+2.1%

12:29 PM EST

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To: Jill who wrote (28978)	9/1/1999 3:30:00 PM
From: t2	Read Replies (3) of 74651

Jill and Teflon, That MSFT put selling is a huge story, IMHO. It tells me that MSFT expects the stock to keep going up. That is a very bullish statement. For a while i thought MSFT was getting a little "bearish" on its own stock but now there is evidence to the contrary. Last quarterly report, i did not see increases in puts outstanding from the previous quarter. I guess this time we will see the new equity puts on the September report. Something tells me to stay in MSFT and INTEL---the heavyweights. OT I think i had jinxed QCOM by being bullish on it. The stock is still holding up pretty well and i hope we see a last half hour resurgence--to 175 or so (i hope). I keep learning the lesson that one should limit the amount of cash put into speculative stocks like QCOM. I still average out with a slight gain from when i started buying into it--still the loss of those earlier gains is a reminder not to get too caught up in some of the smaller stocks. Limiting the amount invested in those is always a good idea. Love MSFT more and more everyday and with the put selling, i am very pleased. BTW---I wonder if MSFT was capitalizing on the competition among the exchanges to get the best price.<ggg> The narrowing of spreads on leaps on MSFT has definately caught my attention.

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