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


To: Tony Viola who wrote (28602)8/24/1999 5:44:00 PM
From: J. P.  Respond to of 74651
 
Sweet move today. I sold my calls into this for a triple in one week. That was the play, to be positioned before the Fed meeting. One thing I've noticed in trading MSFT calls over the years is to take the profits on big days, because usually the next couple of days will give you a chance to roll back in at a lower strike even cheaper.

We'll soon see if this holds true this time, but I feel pretty good to have sold today.



To: Tony Viola who wrote (28602)8/24/1999 7:38:00 PM
From: Teflon  Read Replies (1) | Respond to of 74651
 
I felt some tingling in several places today, Tony <ggg>!!! This was just what the doctor ordered. One subtle benefit of today's action is that it reminds the Market and the Street that MFST still can have big up days, and that it's not confined to trading in 1 to 2 point ranges during the course of a day. People can still make a lot of money with MSFT, and she's a stock that's got a lot of room to run.

Nice little emotional touch for the nonbelievers in the audience (LOL)!

Teflon



To: Tony Viola who wrote (28602)8/24/1999 8:32:00 PM
From: Uncle Frank  Read Replies (2) | Respond to of 74651
 
Tony, Teflon, t2k and all: Wasn't this a great day? It's hard to believe a stock with over 5B shares out can move move than 5 points in a day. I guess that makes Bill 10B richer. For reference purposes, he needs to get to over 160B to be the World's Richest Man of all time <inflation adjusted, Rockerfeller still holds the title>.

It sure was sweet, but I want to see a few days in a row before I stop looking over my shoulder.

How did Vegas treat you, Tony? You missed a great Niners game last Thursday.

Frank