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

To: t2 who wrote (14312)	1/14/1999 4:29:00 PM
From: William Hunt	Respond to of 74651

tech2000---It is like the stock is waiting for the other shoe to drop . After INTC earnings you have to believed the earnings are there for the past qtr . The real issue is the lack of an attack on the government monopoly case . It is like the company is paralyze --- not wanting to upset the judge by any new business efforts in the marketplace . This response is causing mutual funds to leave the stock alone ---like it is in a fog . BEST WISHES BILL

To: t2 who wrote (14312)	1/14/1999 5:16:00 PM
From: J. P.	Read Replies (1) \| Respond to of 74651

<<I don't understand MSFT's price moves.>> Maybe it's strike pinning for options expiration. I don't like the action of the market at all, I'm gonna hold out on my Microsoft options to hear the earnings report. But I did this with Yahoo and Intel and was rewarded with prompt price drops. Won't be surprised if this happens with Microsoft also, but I'm still gonna hang on and see what happens. If it does drop on a good report, I'll take my medicine and sell the Februaries at a loss. The Nasdaq looks very ripe for a tech wreck as far as I'm concerned and I'm beginning to accumulate puts. The premiums are very low on puts right now, but if we crash and burn, that's gonna change real quick. Puts on what? Well you can probably throw a dart, I'm loooking at high priced stocks that have a parabolic runup. Sorry to be bearish, but that's the way I see it right now.