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


To: johnd who wrote (31055)10/22/1999 3:53:00 PM
From: Tom Buttram  Read Replies (1) | Respond to of 74651
 
I hope the 200d ma holds.Aprox. 85 ish.If not there may be a head and shoulder pattern measurement to approx. 65ish.I"m no TA expert but I base this on the charting site I subscribe to called security traders.com I'm long in a big way with my core holdings and some 01 and 02 atm leaps I purchased recently.Also short the jan. 85 puts.Any thoughts? Good luck longs. Tom



To: johnd who wrote (31055)10/22/1999 4:24:00 PM
From: J. P.  Read Replies (1) | Respond to of 74651
 
I think it moves 15 points either way on the ruling. My guess is that the ruling is middle of the road, saying Microsoft is a bad bully, but only slapping their wrist.

Maybe a straddle is the way to play it. But I'm not very smart so I'm holding calls. I just hope the Judge just gets it over with next Friday.

I'm keeping some spare cash in case he rules real bad and the stock tanks in a knee jerk reaction, then I'll buy a bunch of calls.