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Technology Stocks : How high will Microsoft fly?
MSFT 476.99+0.6%3:59 PM EST

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To: John F. Dowd who wrote (30470)10/7/1999 10:44:00 AM
From: taxman  Read Replies (1) of 74651
 
"Dell preannouncement rumor appears to be incorrect"

in any event, i decided to buy the insurance. jan 2002 25 puts at 3. spread is only about 1/8 so i can easily sell them at a small loss if i change my mind. of course i am not fully protected as the stock will go down point for point while the option will rise a lot less. selling calls,
however, would limit my upside.

regards
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