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Technology Stocks : How high will Microsoft fly?
MSFT 476.93+0.6%3:59 PM EST

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To: Winston Kim who wrote (6655)5/7/1998 4:02:00 PM
From: X-Ray Man  Read Replies (1) of 74651
 
Hey, you can be against it or for it, but as investors you can't
say you weren't warned. Quite a few of us posted here that the
DOJ stuff would combine with general overly high valuation,
market retraction, and decelerating earnings growth to cause price to
tumble. I called it right when I said it was time to buy puts
when MSFT tried to touch 100. Puts bought near high look pretty
nice right now, and I am glad I bought the puts I have. I will
likely cash in tomorrow.
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