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

To: jz who wrote (26210)	7/15/1999 10:19:00 PM
From: t2	Read Replies (1) \| Respond to of 74651

jz, buying just for fun might be good strategy but i would not buy them with any significant capital. If we get the Bristol jury decision late afternoon(pro-MSFT of course), the stock could take and off and make july95 holders lots of money. Maybe the jury is close to a decision and wants to wrap up before the weekend. Unfortunately, i am away on a training course and can't follow the market all day. I might still try it. I do already have some July95s but these are insignifant.

To: jz who wrote (26210)	7/15/1999 11:50:00 PM
From: Cathedra	Respond to of 74651

jz, I did that today, but I bought July $90 calls. They were more expensive than the $95 calls, but there was no premium over stock price and any increase in share price will be reflected 100% in option price. I usually don't do this, but if ever there is a time to be brave, it is now.