How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 483.03

+0.5%

Dec 5 9:30 AM EST

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To: Valley Girl who wrote (34930)	11/29/1999 8:07:00 PM
From: PMS Witch	Read Replies (1) of 74651

MSQLT and MSQLA options ... I'd view purchasing these options the same way I'd view purchasing lottery tickets: Low cost, high reward, slim chance, a gamble more than an investment. I'm not a gambler. For those who are, these options offer pretty fair odds. I can't see anyone risking losing their shares, at triple digit prices, for a few pennies today: Especially so with the 'great unknown' lurking in the shadows. Maybe looking at things from the opposite direction, and questioning the seller's sanity makes a compelling argument for buying. In either case, I wouldn't sink more into these options than I was prepared (and can afford) to lose. Plan B ... My plan B is to do nothing. In other words, not increasing my exposure to the risks (or rewards) of holding this stock. Over the years I've observed that those times when I've had the greatest confidence in the correctness of my strategy, that same strategy, turned out to be predicated upon the most ill conceived assumptions imaginable. Just my thoughts. Cheers, PW.

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