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Technology Stocks : How high will Microsoft fly?
MSFT 490.21+1.5%3:57 PM EST

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To: Catcher who wrote (15449)2/3/1999 6:45:00 PM
From: t2  Read Replies (1) of 74651
 
Well I sold all of my Cisco options this mornings at a loss (15%).
However, I was able to offset most of these losses with gains I realized in selling MSFT and DELL options (early morning of course)
when these traded higher.
Lucky for me that in addition to dell/msft/csco , i had also picked up a lot of Intel options late yesterday.
So in the end I almost broke even on these trades. By tomorrow I should be ahead.

Just looking for the next chance to unload the rest of the Dell options (109 to 110) should do it---then I will have offset all my Csco losses.

Unlike the Dellheads, I am sticking to Intel options for the short term due to the release of the Pentium III later this month.
MY MSFT and INTEL options expire in April so I have plenty of time to make a fortune. MSFT and INTEL are going to explode to the upside with
Intel first and MSFT a couple of weeks later.

BTW- The more I trade, the more I realize that MSFT and Intel are it.
I might as well stick the rest in index funds.
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