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


To: ed who wrote (12675)11/27/1998 10:51:00 PM
From: t2  Read Replies (1) | Respond to of 74651
 
I always felt when it traded at 110, that it was a 150 stock at that time. The best thing would be a quick decision by judge (I think Softee is going to lose at this level - but that may already be factored into price) But when the decision is out -- it will go up.
Notice how it traded down the morning after Netscape AOl deal. I bought at the Market at 112 9/16 at the open (down under a dollar). Then it soared to the high teens same day. It's the uncertainty that kept it down.
I would not be surprised by your prediction of 200 by mid year but I will stick to 200 by end of year. I bought April 130 calls a couple of weeks ago at $3 and Jan 120 calls at $2.5. I was hoping that I could buy April 140 or 150's but they don't exist||.
Happy investing (or trading)

Paul