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Technology Stocks : Microsoft - When to short -- Ignore unavailable to you. Want to Upgrade?


To: Mike McFarland who wrote (25)12/11/1997 10:23:00 AM
From: Sowbug  Read Replies (1) | Respond to of 96
 
I dumped at market open, and MSFT had just announced that its Japan revenues were down, so that gave a little less oomph to my holdings.

But yeah, especially in light of today's descent, I'm glad I captured my gains (even though they're now short-term capital gains). Sounds like you're sitting pretty, too. Good luck, and get ready for a fire sale.



To: Mike McFarland who wrote (25)12/11/1997 11:38:00 AM
From: Sowbug  Read Replies (1) | Respond to of 96
 
I re-read my earlier posts and understand your confusion... I did get out at 142 1/8. When I mentioned 140, I was using round numbers because I was talking about a hypothetical situation.