How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 506.86

-0.4%

9:57 AM EST

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To: Kevin Podsiadlik who wrote (30366)	10/2/1999 6:22:00 PM
From: rudedog	Read Replies (2) of 74651

I'm not trying to be technical. But the clear impression of the sentence is that msft somehow was betting that the stock was going down, when the opposite is true. puts are pretty simple - the seller bets the stock will go up, the buyer bets it will go down. I just think the author actually got it backwards.

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