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


To: taxman who wrote (31677)11/4/1999 11:16:00 PM
From: t2  Respond to of 74651
 
I agree with you about going a little further out for buying options--ie leaps. I think Jan and Aprils are not bad either.
I try to play the very short terms with just a little bit of cash. If i did make big bets, i would January (or possibly April)as the earliest expiration. However, I am not planning any big options buys.

For now, the situation seems pretty good for the Novembers as a more speculative bet---ie risking little cash in the hopes of a big payoff. If it does not work out, it is no great loss.

Having stated all that, leaps are probably the best way to play MSFT. We know it will be a lot higher a year from now.



To: taxman who wrote (31677)11/4/1999 11:18:00 PM
From: Gerald Walls  Read Replies (1) | Respond to of 74651
 
volatility is likely to drop after the judge issues his findings unless they are so vague as to cause more uncertainty.

Cramer's implied theory is everything but the worst is already in the price and a strong relief rally will ensue when The Announcement is made. If you agree with this, AND believe that the announcement will be tomorrow, AND want to make a highly-leveraged BET (as he called it in the column), then buying NOV 95s is a Good Idea (at least it was until the end of day price increase). I bought 10 at 1-11/16 as a speculation. I already have shares and LEAPS as investments.