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To: Sonki who wrote (19248)	4/26/1998 12:19:00 AM
From: Nancy	Respond to of 27012

s, msft - not sure they have done all their buyback yet. it sold a ton of jul 65 put, sep 65 put and 99, 00 65 put. all were done in this qtr when it was around 150-160 i believe. lu - my wish too. :) it would come down some, and may be basing for the next 6 months (just like it did between jul 97 and jan 98, between high 80's and low 80's until it broke to 75 in 2 occasions) interesting idea of that funny money trading port. i think we would have chance to pick up thnk sometime in not so distant future. let me know some of your research. incidentally, barron this weekend has a fund manager plugging cd and another fund manager selling pfe. they also have an article on naz p/e.