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

To: t2 who wrote (13818)	1/5/1999 8:45:00 AM
From: t2	Respond to of 74651

Here is some analyst information -- Lehman reiterates MSFT as buy. Price target of 185 (12 month). quote.bloomberg.com

To: t2 who wrote (13818)	1/5/1999 9:06:00 AM
From: J. P.	Respond to of 74651

Good morning, I think you're right about Microsoft going higher. The January options with so much premium are very risky though, and there are so many games that can be played because expiration is before earnings. If expiration were the 22nd it would be a whole different ballgame. I'm looking to reenter the February options on a down day. I still predict a Nasdaq "correction" some time starting in February. Doesn't this happen every year, and if you look at the Nasdaq chart, this rally is just not sustainable. Not that there isn't some upside left fueled by earnings, upgrades, and splits, but after that I say look out below.