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Technology Stocks : How high will Microsoft fly?
MSFT 478.53-1.0%Dec 12 9:30 AM EST

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To: werefrog who wrote (44095)5/2/2000 2:47:00 AM
From: Jacob Snyder  Read Replies (1) of 74651
 
re: "below 65, that would be a sell signal. "

It will be my buy signal. I've already got a large position at 66. Below that, I'll be buying out-of-the-money 2003 LEAPs (available soon). 80s, I think. And I'll keep buying, as low as the stock goes. First, I'll use my cash, and once that is used up, I'll sell other stocks, to buy MSFT LEAPs. This is an opportunity like AMAT in 1998.
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