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

To: Jill who wrote (30749)	10/19/1999 9:22:00 AM
From: t2	Read Replies (1) \| Respond to of 74651

Pre-market MSFT is not up as one would expect and that could mean it is a good bet. You could be right although i probably will only buy backs shares that i have sold. Maybe a buy in the morning (options or stock) and sell later in the day could be a good strategy if they go up. If there is no increase, hold until the price moves up----assuming you are buying at least out to January calls.

To: Jill who wrote (30749)	10/19/1999 9:24:00 AM
From: Uncle Frank	Read Replies (2) \| Respond to of 74651

>> wouldn't this morning be a decent gamble to buy otm calls on MSFT pmfji, Jill, but one of the basic rules for the options game is to never hold through an earnings report. Too many bad things can happen, one of which is the fairly regular sell off following a good report. Buying otm calls the day of earnings is like putting your money on red at the roulette table; unfavorable odds. uf