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Technology Stocks : How high will Microsoft fly?
MSFT 486.83-1.1%Dec 1 3:59 PM EST

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To: ed who wrote (6214)4/26/1998 4:08:00 AM
From: FJV  Read Replies (4) of 74651
 
<<It is really stupid to short this stock at this point. Just look like suicide !!!>>

Ooh, and I'm just a short hyper of MSFT. Touched a nerve, did I gentlemen? Can't stand to have a dissenting opinion on your little cheerleading thread? Look, I have already explained that I believe MSFT is a long term core holding. In the very short term, however, it will go down with the rest of the market next week. I didn't short the stock - only bought May put options which I plan to dump by Tuesday or Wednesday with a triple. After that, I hope you all make zillions when the stock goes to 150 or 500 or whatever you think it's worth. My TA for next week is pretty clear and the stock should fall. If it holds 91 Monday, I will dump the puts a $4000 profit. If it skyrockets as all of you experts believe, you can then gloat. In the meantime, if it doesn't gap up 3 points on Monday morning and never look back, I still walk away with a gain. Either way, no harm, no foul. Six months from now, we will have all probably made money on this stock. So chill out boys - I'm not attacking any of you or your long positions. You take this stuff way too seriously. Good luck.

Franco
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