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Technology Stocks : How high will Microsoft fly?
MSFT 422.89-1.7%2:56 PM EST

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To: John Chen who wrote (3868)10/30/1997 10:51:00 AM
From: vinod Khurana  Read Replies (3) of 74651
 
Hello John, yes you are right on target. MSFT will be trading at about $100/share and that is the time to pick up the stock for long term investing.
I predict based on the one year charts that it will strike $100 within the next four months.
I will only be buying call options once it strikes $115 - $117 1/2 for a mini rally to the $125 and will be back into puts for the big drop to $100.

Whether the drop will be due to overall market sentiment or bad news regarding the DOJ....this stock is about to take a big hit and fall of the cliff.

The Feb 110 puts are attractive in my opinion.

V.K
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