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Technology Stocks : How high will Microsoft fly?
MSFT 492.01+1.3%Nov 28 9:30 AM EST

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To: t2 who wrote (17557)3/10/1999 12:30:00 AM
From: larry  Read Replies (2) of 74651
 
Thanks for MSFT. My return this year was a pretty shitty 35% as of last Tuesday. Well, the mini-rally in MSFT has pushed my return to 50%+. I am expecting MSFT to run toward new high (180-185) by March 29th, and that should boost my return over 75%.

MSFT is the only tech issue that will not warn in a long long period of time. I used to believe that DELL is invincible, but the game has totally changed for DELL right now.

Buy MSFT tomorrow if the issue retreats toward 160. (I closed 100 contracts of MSFT Apr. 165 calls today and unloaded all March 165 calls between 4 and 4 1/4, still hold more than 8k shares and wrote March 160, 165, and 170 calls on those shares, and use weakness to reenter). Hold it for another 2 and half weeks and you are gonna laugh to the bank.

Plan to sell MSFT on March 29th. LU, SUNW, EMC splits follow, and then MSFT earning play, and AOL earning play. Avoid DELL earning play.

good luck to all MSFT longs,
larry!
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