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Strategies & Market Trends : Roger's 1997 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: Roger A. Babb who wrote (6115)10/27/1997 4:08:00 PM
From: Bob Trocchi  Read Replies (1) | Respond to of 9285
 
roger...

Looks like you made money today by shorting MSFT. Congrats.

MSFT is my longest and biggest individual stock holding. I stupidly sold some (not all my holdings in MSFT) covered LEAP calls some time ago and it took off. It is coming back into the range where I might just cover them. It would need to drop another 5% or so but in this market, who knows. A little loss in buying them back is a whole lot better than the 20% cap gains tax since I consider MSFT a core long term holding.

Your other shorts did very well today. Congrats again.
bob t.