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

To: Catcher who wrote (13533)	12/27/1998 11:17:00 AM
From: LindyBill	Read Replies (1) \| Respond to of 74651

buy MSFT & back up with stop sell orders a few 4s down, wait for trial to end. I just posted my stratagem of backing up AOL with a stop sell 10% down, and caught unshirted hell from the thread, who said I would be sold out on normal volatility, (mean volatility is about 6%), and that it was a losers ploy. Hmmm.

To: Catcher who wrote (13533)	12/27/1998 11:57:00 AM
From: t2	Read Replies (1) \| Respond to of 74651

buy msft & back up with stop sell orders a few 4s down, wait for trial to end Personally I have never tried such strategies. I just try to find a good price to buy stock and hold til I think upside is gone. In the case of options, I just try to time it - get in just before a spike upward. Personally I think there will be a steady rise except in the final week to earnings. I am expecting a sharp rise after January 5 til earnings. The trial moves forward on Jan 4 --- and there won't be very nice words from INTUIT. May hold stock down a day or so. The DOJ is expected to rest its case in the first couple of weeks in January. This could cause a big push upward. A major move could happen just around earnings (before and after- especially if stock split). I would be surprised if the stock does not hit at least 170 by mid February. Just my guess.