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Technology Stocks : How high will Microsoft fly?
MSFT 492.06+0.2%Dec 9 3:59 PM EST

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To: larry who wrote (17944)3/13/1999 7:10:00 PM
From: t2  Read Replies (1) of 74651
 
I picked up another 2k MSFT at 158 last Friday. Now I own 10 k shares

Unfortunately for me, I made my money trading options in our (wife and i)Canadian retirement accounts. I wish I could just buy 10k shares of MSFT and leave it alone. Unfortunately, our government up here states that only 20% can be invested in non-Canadian assets.
I guess the consolation is that the 20% could be all call options which of course would be valued at their cost rather than the underlying stock.
The other problem with retirement accounts is that you can only buy call options or sell covered calls. No "short" type of activity is allowed.

Now i envy Americans. It would have been easy just to buy shares in MSFT and sleep well at night.
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