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

To: t2 who wrote (26964)	7/21/1999 12:18:00 AM
From: Dwight E. Karlsen	Respond to of 74651

I agree with most of what you say. Good job on selling in a controlled manner. I still got a good price, and am content. Having sold the calls almost 20 pts higher than when I bought them, it was a very good trade, and the time above $95 was very brief, so I don't feel too bad not picking the exact top. I'm very glad I did sell, since the stock went lower after the open and never looked back. I could now pick back up the same position $1,600 cheaper than this morning's open, although I won't (not this week anyway). It was a really fun ride though, up from $77! And I slept very well every night (something you can't do with a young 'net stock). I'm not a very active trader, so I'll take my time looking for the next good trade. If MSFT goes to mid-$80s I'll be tempted to get back in, and probably will. As for Office vs. WordPerfect Suite, I actually have always used WordPerfect Suite (and it's ancestors) on my home PC, and like it a lot, but we use MS Office at work. Since I have personal stuff I've done with for ex. Corel Presentations, I would rather buy a new home computer with Corel WordPerfect on it. Those two suites (MS Office & Corel WordPerfect) are always neck-and-neck on features, so to me it doesn't really matter. The reason Office is so popular is because of MS hardball marketing tactics with PC vendors (load them with Office, or you're off our preferred vendor list for Win9x). Of course I like using Office too, nothing wrong with it as a package. re >So we get cheap PCs with WordPerfect for close to nothing.< I like that, and wish more vendors would offer that. Quantex does. However most of the other vendors will only give you MS Works on their "value line" of PCs. MS Works is not for me.