How high will Microsoft fly? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : How high will Microsoft fly?

MSFT 483.03

+0.5%

Dec 5 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: PMS Witch who wrote (17024)	2/27/1999 10:57:00 AM
From: t2	Read Replies (1) of 74651

Bought your stock in the 80s---Wow! The earliest I realized that I wanted MSFT shares was early 1996 or late 1995. Microsoft was the only reason I wanted to buy shares and get out of mutual funds. I did not think the fund managers realized the potential of MSFT--even if they did--they would not have been able to dump 100% in it. I erroneusly thought that interest on US securities was not deductible against againt income on Canadian stocks. When i realized that it was, I went out and got a line of credit (the most they would lend me) and used the funds to buy MSFT shares on MARGIN (maximum). It was only a matter time that I would unload the shares and buy options --Leaps 1998 and 1999. Last year started short term options trading which paid off until this year. On a bit of bad streak on options -1month. Stilling betting on making a lot of money as we hit mid March and beyond--the upcoming stock split will do it for me. Late March might switch back from options back into stock for earnings runup. (I can do this in retirment accounts--so no capital gains are taxed---but paid a lot of money in foreign content penalties).

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next