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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: allen menglin chen who wrote (89842)	1/5/2000 1:27:00 PM
From: craig crawford	Read Replies (1) \| Respond to of 164684

>> Craig, how many % more of MSFT 125 you are buying (you have 20% already)? << I have to start putting all that cash I raised to work sometime don't I? Seems like a good place to start. Of course I will admit that buying options for a 1/2 with only a couple weeks to go has an element of gambling to it. This trade is not for everyone. Seems right for me though. I'm itching to buy something in case the market bounces back and MSFT runs on earnings or the slim chance that there are some settlement talks. >> 125 seems too far away in 2 weeks? << Isn't that how you can make money? When everyone here thinks MSFT is doomed and it can't possibly go up 10-15 points in the next 16 days? Remember, MSFT is going to report soon and there are 3 full days of trading before expiration after they report. Also options premiums tend to get more pricey around earnings time. MSFT doesn't even have to hit 125 for those options to make money. Even if the stock is at 120 going into earnings they will be fine. Simply put, if the market recovers in the next two weeks leading into MSFT earnings (which will be fantastic btw) those options will be a good bet. If the market doesn't recover then I would probably lose just as much money buying a bunch of stock or something. This way I get to play and my exposure is clearly defined. Time to buy some VERT back soon as well. It's going to 300-400 eventually so who cares if you buy at 140 or 120? Maybe you miss out and never get back in.