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

To: Teflon who wrote (27982)	8/6/1999 8:32:00 AM
From: larry	Respond to of 74651

T, I am not focused on shorting. Since MSFT hit 84-87 range, I am trading this issue short term, all on long side. I am daytrading CSCO, of course on long side. I am very long Q and PCS and those two are my core holdings that I will hold for at least 6 months unless fundamentals change...I am only shorting nuts, and heck, even I went long AOL for 7 points yesterday. BTW, if the nuts (EBAY!) again run wild this morning, I will quickly buy intermediate term puts. This is a 2-3 bagger, a no brainer. And actually a good hedge against my long position. I won't hold MSFT for long. it has not hit my long term buy range yet. As soon as it get there, I will hold for a run toward 105-110. good luck, larry