How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 478.29

-1.8%

Nov 20 3:59 PM EST

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To: mxyztplk who wrote (1570)	6/15/1997 12:09:00 AM
From: Sonki	of 74651

ya, it's done now...i bot him orcl, intc, csco last year. then i bot asnd @49 (in april?) since it gave him 20% return by selling December call at @10 which i joyfully bot back @5 giving him 50% profit by june. now he has asnd which cannot be sold at this low a price(41), but no cash left. so i bot msft on margin, hoping that i will be able to sell asnd soon(at 49). s&P 500 index has moved nearly 20%. 5% just last week. i just can not buy those overvalued stocks in the index. i bot him stock as i am doing home work anyway so i thought he can benefit from my homework and i could beat the market and if we never sell we don't pay taxes. it's just hard right when u buy it at the top for someone else. i will get over it. thanks for your time.

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