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

To: ed who wrote (14380)	1/16/1999 2:35:00 AM
From: Jake0302	Respond to of 74651

right - sorry - i meant tuesday. but all that buying at the close on fri says good things for the next trading day. i think the market knows earnings are going to be strong, and that MSFT splits regularly at 140... so if it is tues night or 2 weeks from now, it doesn't make too much difference. plus, the msft case should now start generating some positive publicity. with intc earnings as strong as they were, msft earnings will blow doors.... (and keep an eye on dell)

To: ed who wrote (14380)	1/16/1999 7:04:00 AM
From: t2	Read Replies (1) \| Respond to of 74651

Ed, I am looking for a big move Tuesday. Looking for about $10 before all the trading is done. I read Cramer's thesteet.com column on the price move in MSFT late day. He thought it was people who shorted Jan 145s calls earlier in the day and scrambled to buy the shares. I think it was this in combination with the fact earnings come out next trading day. I bet there are a lot of investors who are short the common shares. I don't know if there are many sellers of Feb naked calls who may be scrambling to buy the shares---but my guess is lots. I think this stock has stayed down to due to a lot of shorting (big mistake).