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


To: Stonehenge who wrote (6684)5/7/1998 10:16:00 PM
From: larry  Read Replies (1) | Respond to of 74651
 
I don't like to idea of taking losses especially on issues like MSFT. I have pulled in 10 points by writing covered calls and buying the calls back while the issue dipped about 15 points. I am not worried about it going down more. Actually I wish that it dip a bit more so that I can pick up some more shares and can also buy back my June 90 and June 85 at much cheaper price.

good luck,
larry!