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: johnd who wrote (16869)	2/25/1999 3:51:00 AM
From: Uncle Frank	Read Replies (1) of 74651

>>Having done options for 15 years, all I can tell you is when your original profit target is reached dump the baby and take the profit. Agreed, but that's my problem. I bought msqcj calls on Monday because I didn't feel the weakness in msft was justified. It doubled before I could set an exit strategy. What basis do experienced options traders use to determine a profit target? Please use my msqcj's as an example. Frank

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