How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 492.06

+0.2%

Dec 9 3:59 PM EST

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To: t2 who wrote (23366)	5/28/1999 1:14:00 AM
From: Jim Lamb	Read Replies (1) of 74651

T2 Thanks for the advise, I ended up going with the Jan2002, strike 110 and got it at the bottom of the day at 14. Ironic that 14 is more than I paid for actual shares in my IRA and cash account when I bought my core holding in 1995,split adjusted of course. I bought during the heyday of the Windows 95 release and immediately took a 17% decline in price. I have learned to never sell and buy more on the pullbacks. This is my first try with options. The 2 1/2 year time frame is what finally convinced me to try them. Any further pullbacks and I'll buy more. JMO don't wait to long to make your move here. Once again thanks.

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