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

To: t2 who wrote (27536)	7/29/1999 9:04:00 PM
From: John F. Dowd	Read Replies (1) \| Respond to of 74651

t2k: What instrument/security do you use for shorting the market? JFD

To: t2 who wrote (27536)	7/29/1999 11:03:00 PM
From: Uncle Frank	Respond to of 74651

>> i can't remain out of MSFT for too long We're both emotionally attached to msft, t2k. It's supposed to be a bad thing, but it's helped me hang on through a lot of ups and downs during the past few years. The result is an average cost of 25 1/2, which is a good thing <g>. I just as antsy as you are, so I decided to do some options trading from the dealer's side of the table. Feeling the market will be in a narrow channel for the next 45 days, I wrote covered calls on some of my core holdings. I like the idea of keeping the premiums and the stock on 8/21 <g>. Frank