How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 472.22

-1.3%

Nov 21 9:30 AM EST

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To: Sowbug who wrote (4278)	12/15/1997 9:53:00 AM
From: Exacctnt	Read Replies (2) of 74651

Sowbug, I guess you can understand why I am somewhat concerned with the overall market valuations. Yes, Microsoft has been verrry verrry good to me. I still like it for the long term, but am somewhat leery of 1998. After back-to-back year's of over 50% gains the stock is due for a less robust year. If I use the leap option strategy, my only worry would be missing any appreciation over 160, 170, or 180 for this year depending upon which strike price I select. As you know however, paper gains are realized only when the stock is sold.<gg> Regards, Bob

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