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

To: Teflon who wrote (29640)	9/16/1999 5:04:00 PM
From: t2	Respond to of 74651

Teflon, Just read over all the posts on this thread today. You guys watched the options moves quite a bit. It looks like your sell price of $3 was the same as mine. I missed my cancellation of the sell order probably by about 15 seconds. I was just watching MSFT start to fly towards 93 on Level II. My online broker was just not fast enough in cancelling my order--well i gotta blame somebody (actually had to call in the order since i was daytrading stocks but had no internet access for a couple weeks for my regular trading/investing/speculating). That is why i am going to start skipping daytrading near options expiration until i start my daytrading from home. RE: Sept 95s--appeared too risky for me to try--contemplated putting in a bit at 1/16 but thought the 90s offered more protections since MSFT had already sold off quite a bit. Once the selloff at around 91 stopped, then i decided to jump in the 90s. Tomorrow's trading should be riskier but i plan to give it a try--either with calls or puts---more likely to be calls. Just don't know yet, have to get a feel for the market in the morning.