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Technology Stocks : How high will Microsoft fly?
MSFT 488.02+0.2%9:30 AM EST

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To: Ibexx who wrote (3386)10/15/1997 2:33:00 AM
From: Lev Belov   of 74651
 
Ibexx:

I just got burned by INQKS (I bought 10 of them in anticipation of earnings, between 4 and 5, and I expect them to be near 1 tomorrow :-(

However, I was thinking that what was bad for INTC (record unit volume on somewhat lower ASPs) should translate in great OEM revenue for Microsoft. I expect MSFT to be depressed tomorrow because of the overall bearishness in the market, so I'm wondering if it's a good opportunity to buy MSFT's November calls.

On the other hand, Japan is looking ugly and it is very important to MSFT...

What do you think?
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