How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 492.01

+1.3%

12:59 PM EST

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To: Technologyguy who wrote (16202)	2/17/1999 12:34:00 PM
From: t2	Read Replies (1) of 74651

I bought a lot of April 175 call options today 3 3/4. Considering the stock is trading at about 153, I find it to be a bargain. LOGIC: Split adjusted bases the stock is at about 76 while my srike price is 87.5---and therefore my cost is 1 7/8. I realized that even if the stock is at its current price on March 27 adjusted for the split (ie 76), the price on the option should be at least $2 due to increasing volatility we will see in the options market. An example or analogy (Dell Feb 100s were trading at 1 1/2 when Dell was at 90 yesterday---and these expire on Friday!!!!!!!!!! I LOVE IT!!! BTW-My logic assumes that we won't continue to get bigger selloffs. I am betting as we start moving into March--this thing is going to take off---IT WILL FLY!

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