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

To: Valley Girl who wrote (35371)	12/13/1999 11:09:00 AM
From: Chetman	Read Replies (2) \| Respond to of 74651

All good points. Let me revise my statement a little: Now is a good, but riskier, time to buy shares, but it is IMO a great time to pick up some calls while volatility/premiums are low. You can def make good money waiting to buy the stock on breakout, but in my experience the best time to buy options is while it is consolidating. And if it doesn't move by mid Jan, I'll just by the Feb calls, then March, until it explodes. BTW, by b/o I mean on strong volume, nothing "tepid". Should've mentioned that. A close on strong volume over 98 should do the trick and one over 100 3/4 and it's all over. As for earnings, I think it's a little too early to tell. Thanks for your comments. Chetman

To: Valley Girl who wrote (35371)	12/14/1999 12:05:00 AM
From: ed	Read Replies (1) \| Respond to of 74651

No one can predict the stock movement exactly, Say you want to buy at a what you call a break out at $105, what if the stock turns south at $107 and all the way down to $102 ? Then you lost $3by buying at what you call a break out, i.e $105 !!! But those who bought at $95 still make $7 at $102 !!!!I bet the current movement is due to the expectation of the settlement before the end of the year, and after the new year the earning movement will start followed with the release of Win 2000 !!!!If you care too much of these $2 or 3 dollars , you will always miss the big opportunity !!!Just forget about these tick by tick movement , keep in mind you will make at least one MM per year if Microsoft moves from $xxx to $yyy !!!Who cares about these $2 or $3 dollar of short term profit !! Am I right Teflon or Taxman ?