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

To: Matteo who wrote (29302)	9/8/1999 9:53:00 PM
From: t2	Read Replies (1) \| Respond to of 74651

Hi Matteo, I am looking at the January 90, 100, 110. I am not going to buy them all at once. I will probably start with the 90s. If the stock goes down another couple of dollars(or stays at current levels), i will go further out of the money---100s and 110s. If it goes up, then i will probably only go up the 100s. For April, I am considering the 110s and 120s. The move in the MSFT stock can be explosive and since the options in this stock are relatively cheap---it is a great candidate to play. The lack of a strong price in the last little while makes the options even more attractive. Here is a great site for a complete listing of options in any stock (thanks to taxman). Warning: The quotes are delayed ---i think more than the usual 20 minutes but it is great to review in the evening. edreyfus.com