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Technology Stocks : How high will Microsoft fly?
MSFT 484.85-0.2%3:59 PM EST

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To: Mike McFarland who wrote (5048)2/16/1998 8:05:00 PM
From: yard_man  Read Replies (2) of 74651
 
Personally, Mike. The lack of bearish sentiment is good when buying puts. If the price holds tomorrow I may join you. This is no judgement against the Company of course. They have done quite well (-- I think they have terrible problems in quality control, but when you have the market ...) The price of the stock, however has gotten beyond itself. Regardless of what anybody has said, it is not a bad thing to put the stock of a "good company." Their options are very liquid. This is surely the time to make an informed bet here, IMO. I wish you well. Will let you know if I join you. (Don't tell anybody but I've made some money putting the other part of the duo a while back.)
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