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

To: Teflon who wrote (26139)	7/15/1999 3:11:00 PM
From: Tom Bunge	Read Replies (2) \| Respond to of 74651

Hi Teflon! I may be missing something and this is a good time to find out! You refer to options progressively being covered which, in my mind, relates to (option) open interest which ... should hence progressively go down (or perhaps not). Being practical: At 9.30 this morning, msq jul95 calls showed 24307 in open interest; at12.00, the measure was 27255 (an increase of some 4,000 options); and right now at 3pm, it's ... 27255. Is the idea that we should be down to zero by the closing tomorrow? Not being facetious - just trying to connect concept to reality. Thanks & Cheers - Tom