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


To: Jill who wrote (31955)11/5/1999 9:12:00 PM
From: Gerald Walls  Respond to of 74651
 
Oh, BTW. Since I sold 5 of the 10 calls I bought the most I stand to lose if the other 5 are worthless is about $500. We'll have to see what happens on Monday. It isn't beyond the realm of reason that we open in the mid-to-upper-80's as the low for the day and climb back to 90-92. This would allow me to get something for the remaining NOV-95 calls.

After all, a lot of MSFT was already sold over the last couple of weeks in anticipation of this decision. What else do you think was keeping this stock down?