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Technology Stocks : How high will Microsoft fly?
MSFT 506.00+1.8%Nov 10 3:59 PM EST

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To: Charles Tutt who wrote (42982)4/22/2000 5:27:00 PM
From: johnd  Read Replies (2) of 74651
 
My goal is to be ahead of institutions and mutual funds on the uprun. If you remember the 93 to 115 run in 2 days in December, you know what I mean. But for the trial, it might have continued with no chance to buyback under 100. This danger of sharp run-off is very high when a stock trades at historically low valuations for reasons like a DOJ case. This week, If you see some one buy 100s of contracts of LEAPs it may be me. It can go down a lot from where I bought, and I won't care; but I am now deciding on the LEAP at these prices as opposed to stock itself. I never go margin either. My mind is set on what I want to do this week. I hope the -vity continues through the weekend in press and chat rooms and continues into the week producing good entry points for the LEAPs.
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