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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: Gerald Walls who wrote (24163)	6/15/1999 12:13:00 AM
From: t2	Read Replies (1) \| Respond to of 74651

I thought you'd sworn off options No. I have just given up putting 100% of my portfolio in MSFT call options. Since that approach has paid off---I am not going to continue it now and risk losing all my "winnings". Now i just do this with my "fun" money. About 90% of my porfolio is in stocks, cash, and a little in long term leaps (which i don't consider serious options). 10% is for my amusement---in short term plays. Now the opportunity that i had been waiting for such a long time has arrived --and it is called June 80 call options!!! Of course I could lose my investment but that is OK---I am not going to put more than 1% into these----the other 9% is in July calls. THe only thing left to do is pray that the stock does not shoot up early tomorrow(preferably drops $1 or so). I need the buying opportunity first.