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

To: t2 who wrote (35006)	12/1/1999 9:15:00 PM
From: taxman	Read Replies (1) \| Respond to of 74651

because microsoft is just "sitting there" late today i sold december 95 calls for 1.6875 covered. i am moderately bullish and believe there is much less downside compared to cisco, sunw etc. as i've said, selling calls is not my favorite strategy, but i wanted the action and hope to keep the premium and the stock. i exercised my sep99 45 jdsu call options and am holding dec99 72.5 calls and mar00 90 calls. regards

To: t2 who wrote (35006)	12/2/1999 10:35:00 AM
From: Jill	Read Replies (1) \| Respond to of 74651

Hi T2--why not just hold on? It seems a settlement might be imminent...if the mediation doesn't lead to settlement, then it'll be the same old same old for a while, but I'm optimistic. OT: I've been following your posts with great interest over on JDSU thread. Yes, taxman is brilliant with his calls. I remember him saying he had some QCOM calls he bought at 9 that were worth 140, and that was a little while ago. I think he has more patience than myself! He doesn't mind holding onto them for a while. I'm trying to embrace that strategy. Jill