How high will Microsoft fly? Message Board

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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: Teflon who wrote (18252)	3/18/1999 9:08:00 PM
From: taxman	Read Replies (1) of 74651

i recommend the following leap on dell. DELL JAN 70 CALL ZDEAN Option series expires JAN 01 bid 7.375, ask 7.875 so for about $750 you get call on 100 shares dell at 70 for almost 2 years. i feel that dell will exceed that price for reasons stated in a previous posting. techstocks.com if not, the risk is 750 or 7500 if you play 10 contracts. so unlimited upside with limited risk. i own dell common and dell leaps. recently bought call options on williams sonoma (wsm) and network associates (neta) after downgrades. also america online (aol) and intuit (intu) options. in case of market correction bought puts on polariod (prd) and goodyear tire (gt). i always buy puts when i buy calls--one never knows. i also buy puts when my stocks have a good day like today. i sleep better. thanks to all for easing my fears regarding windows 2000 (and office 2000) delays. based on feedback i received, i held all my microsoft shares which have since advanced almost 30 points. regards

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