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: ed who wrote (14380)	1/16/1999 7:04:00 AM
From: t2	Read Replies (1) of 74651

Ed, I am looking for a big move Tuesday. Looking for about $10 before all the trading is done. I read Cramer's thesteet.com column on the price move in MSFT late day. He thought it was people who shorted Jan 145s calls earlier in the day and scrambled to buy the shares. I think it was this in combination with the fact earnings come out next trading day. I bet there are a lot of investors who are short the common shares. I don't know if there are many sellers of Feb naked calls who may be scrambling to buy the shares---but my guess is lots. I think this stock has stayed down to due to a lot of shorting (big mistake).

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