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Technology Stocks : How high will Microsoft fly?
MSFT 483.69+1.1%3:59 PM EST

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To: taxman who wrote (22819)5/17/1999 8:12:00 PM
From: t2  Read Replies (1) of 74651
 
late today i sold july 100 calls at 1, filling half of my order. since i am first in line, expect to sell the rest tomorrow. even if stock rises, i expect implied volatility to fall

It looks like you picked a good strike price for selling the calls (covered?). I picked up more MSFT common shares (selling AT&T)today and have added to my core shares. I expect to go 50% soon, buying MSFT and selling AT&T over a period of a couple of weeks (maybe sooner).

I think MSFT is ready to soar.
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