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

To: codawg who wrote (26312)	7/16/1999 12:59:00 PM
From: Jake0302	Read Replies (2) \| Respond to of 74651

I agree the upside in the last hour is about 2 points. TA? No. Something much more advanced. SWAG: Scientific Wild Assed Guess. Anyway, I have July 95s. I have limit orders set at 5 which will trigger if MSFT hits 100 and stays there long enough for option pricing to catch up with it. If I don't get fills in the last half hour, I will switch to market orders with about 10 minutes before the close. I saw this before. January 99 expiration, which occured a week or two before blow out MSFT earnings. In the last hour of trading, MSFT ramped something like 3 points. Had I held my contracts to the last half hours I would have made quite a bit more money. This is one day where sitting and watching the ticker might just pay off. I expect the earnings to be very good, based on a new product cycle, the inane SEC probe which is causing MSFT to put out more of its cash in present earnings (ouch, hurt me more), and a strategic kind of in-your-face gesture while the trial is in hiatus. Yeah, sue the heck out of us, we are still a cash machine. In realistic terms, the antitrust penalty has already been applied: 100 billion in suppressed market cap for about 1 year. And Jim Barksdale used the trial to execute a merger and increase the value of his sinking NSCP shares by about 6 or 8 fold. That is life in the big leagues. later