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


To: Jill who wrote (25986)7/14/1999 6:45:00 AM
From: Teflon  Read Replies (4) | Respond to of 74651
 
Jill, how are you doing? I am actually having an amazing Q right about now. I think MSFT is poised to move higher in short order. INTC's guidance just might be the medicine we were all looking for. INTC is trading up 3/8 in premarket activity this morning.

I still like what I am seeing in MSFT's trading pattern, although the volume is still an issue. Let's hope the PPI report this am is Market friendly, and then I think this market is ready to run.

Did you notice how CNET bounced right off the 46-48 level? CNET is an incredible bargain in the 40s and I would still continue to accumulate in that price range.

I will be out most of the day today. I hope all is well and we shall talk later.

Teflon



To: Jill who wrote (25986)7/14/1999 12:21:00 PM
From: larry  Read Replies (2) | Respond to of 74651
 
Jill,

I sold DELL Jan. 2000 leap puts with striking price at 40 and 35 about 8-9 months ago. Covered the 35 puts (100 contracts) in the last few days with a very nice gains. Still keep the 40 puts. As far as DELL goes, I am comfortable with getting the shares at 40 in 6 months.

Also sold AOL leap puts 5 months ago before the split, covered when the issue took viagra and made that infamous run.

good luck,
larry



To: Jill who wrote (25986)7/14/1999 1:06:00 PM
From: taxman  Respond to of 74651
 
"selling...leap puts...are pretty safe"

i don't think so.

regards