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

To: Jake0302 who wrote (26308)	7/16/1999 12:24:00 PM
From: Teflon	Respond to of 74651

The goal here is for people to learn, Jake (and hopefully make some $$$$ in the process!!!). If you learned something because of our debate, terrific. I know I learned something, and I used to think I knew what I was talking about <vbg>. Teflon

To: Jake0302 who wrote (26308)	7/16/1999 12:35:00 PM
From: codawg	Read Replies (1) \| Respond to of 74651

Most of those who were short July 95s have probably covered this morning which helped MSFTs continued ramp up to where it is now (~98). If there was much more covering to be done I think we would tend to see the stock continue to ramp slowly rather than plateau. I still hold half of the July position (all 90s) that I went into the day with and I'm hoping for some more upside as we get to the close. Realistically, it probably is not highly likely but the downside today is small and the upside is probably 2 more points. What a great day!