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

To: werefrog who wrote (44095)5/1/2000 7:39:00 PM
From: johnd  Read Replies (2) | Respond to of 74651
 
JH, there are lot of potholes here - May 24th and till the case remains in TPJ's hands. Also, Mid July when they report the weak Q4. I am wondering if I should write covered calls as the stock went up today.



To: werefrog who wrote (44095)5/2/2000 2:47:00 AM
From: Jacob Snyder  Read Replies (1) | Respond to of 74651
 
re: "below 65, that would be a sell signal. "

It will be my buy signal. I've already got a large position at 66. Below that, I'll be buying out-of-the-money 2003 LEAPs (available soon). 80s, I think. And I'll keep buying, as low as the stock goes. First, I'll use my cash, and once that is used up, I'll sell other stocks, to buy MSFT LEAPs. This is an opportunity like AMAT in 1998.


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