How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 490.66

+1.6%

12:44 PM EST

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To: Lan Jaron who wrote (17279)	3/5/1999 9:28:00 PM
From: t2	Read Replies (5) of 74651

That is a good return on the stock. I am betting on MSFT options. I just saw the quote on the April 170 call options --- 3 1/8 to 3 3/8. I look at these prices in amazement. Split adjusted the stock is at 77.50; the options become April 85 calls @ 1 5/8 approximately. I would expect this kind of price a week from expiration but not now. It also assumes Microsoft does nothing in stock movement from now til April 12 or so. However, we have the upcoming stock split and the stock is easily going to move $10---although i expect a lot bigger move. I just want Intel to make a statement that there is no earnings warning and Microsoft and the rest of tech will follow with huge gains. If Intel warns, Microsoft might hesitate for a bit and then ramp quickly but at a later time--closer to the split. Just my opinions.

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