How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 486.98

-1.4%

3:59 PM EST

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To: t2 who wrote (23083)	5/21/1999 4:14:00 PM
From: Teflon	Read Replies (1) of 74651

t2k, you talked me out of it today, but I will sell the puts early next week. Again, I do not fundamentally believe that the trial is what is effecting MSFT's price so for me, the timing of the trial is irrelevant. The issues effecting the broader market are effecting MSFT, as well as the options expiration today. I am starting to believe that there was heavy writing of calls this month and that the Street was not going to let this market run before this expiration. I am looking for MSFT to move in the very near term, and I may sell puts that are in the money. Thus, the earlier I sell them, the more premium I can bring in. I am that confident. Just my opinion. Teflon

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