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


To: t2 who wrote (13789)1/4/1999 3:13:00 PM
From: t2  Respond to of 74651
 
MSFT starting to drift down 141 to 142 --- hope we have a big rally in the last half hour.



To: t2 who wrote (13789)1/4/1999 3:13:00 PM
From: J. P.  Respond to of 74651
 
Stopped out. Didn't make the high of the day, but about 2 points off it, oh well. Nice bundle on the Jan 135's anyways. Will look to reenter the February options on any weakness.

What a drop this afternoon!

I have a question for all options players:

I know the small orders of 10 or more contracts execute very quickly because they're done electronically. Well, say you have 50 or more contracts, and you call in the order to be manually executed on the floor. I generally do market orders, because I want leave the position, and sometimes the market will leave limit orders unexecuted.

Now when I send these trades to the floor, I get no confirmations for like 20 minutes!, which causes some of my hair to turn gray! These guys can be down there sitting on the order and be taking their sweet time when the market is moving against the trade. I'm almost thinking that with orders of 50 or more it might be better to execute them 10 at a time electronically, since you generally get instant fills. Does anyone have thoughts or experience to share on how to execute larger numbers of contracts efficiently?



To: t2 who wrote (13789)1/4/1999 5:50:00 PM
From: William Hunt  Read Replies (2) | Respond to of 74651
 
TECH 2000---Am personally looking for MSFT to post .66 per share for the quarter . With INTC reporting 10 % higher earnings I think MSFT will do what they did last qtr ---post a 14 % earnings surprise . Earnings per ZACK are supposed to be .59 cents for this qtr

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