How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 478.29

-1.8%

Nov 20 3:59 PM EST

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To: t2 who wrote (14704)	1/19/1999 7:03:00 PM
From: J. P.	Read Replies (2) of 74651

T2000, RE: Greenspan Good payday today, and tomorrow. I'm concerned about the timing of Alan Greenspan's testimony tomorrow. I remember in the summer I was riding Lucent call options, rode the October 70 calls from 65 to 108, and on the day Lucent announced earnings, Lucent tanked to 102 on outstanding earnings because Greenspan talked the market down. I had to sell out of the Lucent calls on the downside, when I was banking on 120, easy. That was the beginning of the huge market correction, that very day. Now I'm worried that Greenspan is going to do the same thing tomorrow. Opinions anyone on the effect of the Greenspan testimony?

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