Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Li Cai who wrote (5754)	4/11/1998 12:12:00 PM
From: Gary Metzer	Respond to of 74651

<<....if the earning is extremely good, it may be too late to buy msft. >> It is NEVER too late to buy Microsoft. Just wish I'd bought it when it went public but it was "too expensive" then and has continued to be "too expensive" since.

To: Li Cai who wrote (5754)	4/11/1998 12:51:00 PM
From: Gerald Walls	Respond to of 74651

It looks like a good time to buy msft. However, I am a little afraid of taking an action because msft will announce earning next Friday and goes to court next Tuesday. If earning is not as high as Street expects, msft may drop like a rock. However, if the earning is extremely good, it may be too late to buy msft. Buy the stock and an appropriate number of puts as insurance. Your scenario is the textbook case for this strategy. For more leverage, you could buy a straddle, I think it's called, by buying both puts and calls so you profit by a strong move in either direction. Selling covered calls and buy protective puts is allowed by nearly any broker if you have any stock experience at all. You'll have to fill out an application to trade options if you haven't done so already.

To: Li Cai who wrote (5754)	4/11/1998 2:13:00 PM
From: Flair	Respond to of 74651

Li Cai & all, Microsoft will announce earnings on April 22 (after market).