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


To: Jean M. Gauthier who wrote (30876)10/19/1999 6:47:00 PM
From: t2  Read Replies (1) | Respond to of 74651
 
Jean, Sounds like a good strategy on options. However things seem to be changing at Microsoft. Wonder how much short interest there is now and how many people will dare to short it after it runs up a bit.
I think short sellers will look for opportunities elsewhere, meaning that after a short pause, MSFT heads up ---- a lot!!
IMHO.

Good Luck.



To: Jean M. Gauthier who wrote (30876)10/19/1999 6:55:00 PM
From: taxman  Respond to of 74651
 
well, i don't know what will happen. i just buy calls on what i think are good companies and hope. microsoft happens to be my largest holding, but i find it impossible to forecast future prices. had i known i would have sold rather than exercise my lexmark calls (lexmark dropped about 30% yesterday).

regards