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

To: johnd who wrote (25723)7/8/1999 3:33:00 PM
From: johnd  Read Replies (2) | Respond to of 74651
 
Taxman,
As per closing price at expiration. It is too hard to tell. I know
you will be lucky if it closed at 99-7/8 or any price under 100.
But, sitting at 93, it could move 15pts in either direction during
the next 6 trading days. I see some bias to the upside as we run
into earnings and option expiration. I have 100s of covered shorts on
the Jan 100s and haven't bought back. There is high chance they
will be called away.
johnd



To: johnd who wrote (25723)7/9/1999 12:46:00 AM
From: ed  Respond to of 74651
 
Johnd,

just look at the day chart in the past one week, I saw a pattern of accumulation , especially at the last one hour of the market. This baby is ready to shoot up once the mode of accumulation is done , and at that time the volume will explode !!!


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