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Technology Stocks : How high will Microsoft fly?
MSFT 510.37+1.4%Nov 14 9:30 AM EST

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To: Tom Buttram who wrote (18903)3/26/1999 7:13:00 AM
From: Teflon  Read Replies (1) of 74651
 
Tom, everything looks strong going into next week. If this Kosovo event wasn't going on, it would be a no brainer. Unfortunately, this bombing overseas has me a little worried about holding my options over the weekend and into next week, therefor, I sold my April Calls yesterday.

If this Kosovo crisis did not come about, I would hang on. I still feel MSFT will trend higher into next week, but I was up 6 1/2 x my money, and it wasn't worth the risk.

The trial settlement talks on Tuesday should give the media plenty to talk about over the weekend, and this should help the stock. I still own my core holding of MSFT shares which hopefully will enjoy a continued ride well into the future.

I am now looking at the May 195/200s for my next Option play.

Teflon
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