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

To: Lyle Bean who wrote (14967)	1/22/1999 6:36:00 PM
From: GST	Respond to of 74651

To anybody who can help -- I am holding MSFT puts, Feb 150s. Several times today I thought of selling them to close the position because I can't seem to decide where we go from here. I don't see a big runup in price prior to earnings, but I also don't see a very positive reaction to a really surprising surprise on the upside. There just seems to be selling at the end of each day. Are we moving into a new short-term down trend? Down to where? $125? I bought them thinking the trend was shifting down, but I keep changing my mind. Thoughts?