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

To: taxman who wrote (38764)	2/28/2000 11:13:00 PM
From: Ibexx	Read Replies (1) \| Respond to of 74651

Re. limited upside of short puts Not true. What you should do is to keep rolling the puts to higher strikes. I have been doing this with Q*, JDSU, PMCS, PWAV, RFMD, RMBS...in addition to long positions of common and calls. Ibexx

To: taxman who wrote (38764)	2/29/2000 11:09:00 AM
From: PMS Witch	Read Replies (2) \| Respond to of 74651

Everyone's different... I agree the potential to make out like a bandit resides with buying options as opposed to selling options. I've done a bit of both and I've found that I'm further ahead pocketing a limited upside repeatedly than watching a bonanza slip through my fingers. In my experience, the 'big wins' never seem to compensate for the 'many losses' over time. People's trading abilities vary. Each must find a strategy that works, given their ability. Thank-you for pointing out the varying potential of differing strategies. Investors must assess potential and risk before acting. Cheers, PW. P.S. As I type, Microsoft is available at $90 (or less) and for those with courage and patience, we now have the reasonable entry point I've been posting about since December.