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To: Bruce Denney who wrote (11803)11/7/1999 4:15:00 PM
From: Dale BakerRespond to of 118717
 
The MSFT theory is to buy any time it drops 20% off the last high. I have common shares at 78 from earlier this year. At worst, MSFT never drops more than 30% off an old high, at least not for the last couple of years.

I am holding my common and trying to get April 80 calls for $10 (Firday's ask was 17). Not sure if that will fill but it might. Those look good for somewhere between a double and a four or five-bagger if MSFT gets in gear again.