How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 491.12

+1.7%

3:59 PM EST

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To: Teflon who wrote (21342)	4/22/1999 7:47:00 PM
From: t2	Read Replies (3) of 74651

Teflon, Decided on about a 1/3 reduction on my Microsoft holdings for a couple of weeks. Might actually drop another 1/3 tomorrow if we get a strong opening. Only a temporary move until the trial starts. I also hold some leaps 2001--80 and 90 strikes which i plan to keep. It does not appear to be the best bet for out of the money call buys on Microsoft. The only wildcard is a possible settlement in the case which should give this stock a big boost. Like I said before 90 seems unlikely at least until the trial restarts. Just upon the re-start the stock will start moving higher IMHO. (sort of like the rumor vs. news idea)

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