How high will Microsoft fly? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : How high will Microsoft fly?

MSFT 488.49

-1.1%

11:13 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Sir Francis Drake who wrote (23089)	5/22/1999 2:08:00 PM
From: t2	Read Replies (1) of 74651

Morgan, The outstanding put warrants have strike prices ranging from $59 to $65 per share and maturities ranging from 6 to 36 months I had thought most of the put selling takes place at the start of July---new fiscal year (it does not appear to be the case). They may be picking stock price weakness to time the put selling. Too bad we can't get a breakdown of the price and expirations. If this stock fell to 70, I can see an aggressive buy back strategy accompanied with announcements just like HP's Friday. IMHO, there does not seem to be much downside at these prices ----75 or so is the lowest I can foresee. I bought more Friday at 77 1/2.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next