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: J. P. who wrote (13842)	1/5/1999 7:07:00 PM
From: t2	Read Replies (1) of 74651

J.P., I have decisions to make on my January calls. Earnings will be released 2 trading days after the expiration of the options. I was hoping for only 1 day. I might have to roll up my options to February very soon. Like I said the last 2 trading days are going to be incredible --- should be a big short squeeze. Less people will take a chance on the stock by going short on these days (usually the last trading day is the best to short - when the stock had a good run up). The stock split possibility (or probability) is enough to put the shorts on the sidelines. In addition, the expected great earnings will also scare away a lot of shorts. I think this stock will behave like the Hong Kong market days after shorting was banned on that market (huge gains). This is why i am expecting huge gains on Jan 18 and Jan19-- and therefore moving to Feb calls soon. BTW, I am not recommending options trading to anyone as it is very risky.

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