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

To: Matteo who wrote (27157)	7/22/1999 8:31:00 PM
From: Uncle Frank	Respond to of 74651

MM, congratulations on joining SI yesterday. You need to hit <respond> on a post authored by Teflon in order for it to hit his mailbox. You'll get the hang of it pretty quickly. Prosperous investing, Frank

To: Matteo who wrote (27157)	7/22/1999 11:46:00 PM
From: Teflon	Read Replies (1) \| Respond to of 74651

Matteo, regarding CNET: I think you are talking about "selling" puts, not buying them??? Just to clarify...I did sell a bunch of October 55s, and yes I still hold them. I love the company, and their management. It doesn't hurt that Jack Welch goes to sleep with them every night <ggg>! Any price for CNET under 50 I believe is a bargain (IMHO). I will not sell any more puts, as I am concerned just as any rational human being is at the moment that a correction may be imminent and therefor selling puts might just be flat out stupid. I'm just not sure, although I'm not too worried about getting CNET shares put to me regardless of the price. The fact that the NASDAQ is up 30% when we are only half way through the year doesn't make me too confident in the bullish camp as far as playing options is concerned. I am evaluating this day by day, however!!!!!!!!! Just my 2 cents. Teflon