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: Teflon who wrote (16517)	2/19/1999 4:45:00 PM
From: t2	Read Replies (2) of 74651

Teflon, thanks for the caution. Last evening, i realized that there is a possibility that the stock could go down further.(as reflected in my post this morning) A sort of panic was created around the Compaq witness's testimony that there is no other o/s (maybe for Compaq there is not). The abuse of monopoly powers stories started making me very cautious That is why I reduced my April call option load only to come in later as I sensed that maybe the trial is not going as bad as I thought yesterday (well still awfull but "less"). The move at the bell---about 1 1/2 gain in the last 5 minutes was a good sign. I am still betting on April calls and will buy some more after or near the time the recess will be declared. As long as MSFT does OK with the remaining witnesses---I am going to add a lot of April calls. Even if they don't improve the defense, if the stock drops as a result, I will still add more April calls.

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