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

To: Technologyguy who wrote (16202)	2/17/1999 12:13:00 PM
From: t2	Read Replies (3) \| Respond to of 74651

I think the reason MSFT was funding a lot of the republicans was probably these guys were being lobbied by the competitors. Maybe the competitors just did not bother with the Democrats. Gates will put the money where it is needed. I am just thinking about American gun laws-----unbelievable strengh in this lobby. MSFT is working its way up.

To: Technologyguy who wrote (16202)	2/17/1999 12:34:00 PM
From: t2	Read Replies (1) \| Respond to of 74651

I bought a lot of April 175 call options today 3 3/4. Considering the stock is trading at about 153, I find it to be a bargain. LOGIC: Split adjusted bases the stock is at about 76 while my srike price is 87.5---and therefore my cost is 1 7/8. I realized that even if the stock is at its current price on March 27 adjusted for the split (ie 76), the price on the option should be at least $2 due to increasing volatility we will see in the options market. An example or analogy (Dell Feb 100s were trading at 1 1/2 when Dell was at 90 yesterday---and these expire on Friday!!!!!!!!!! I LOVE IT!!! BTW-My logic assumes that we won't continue to get bigger selloffs. I am betting as we start moving into March--this thing is going to take off---IT WILL FLY!

To: Technologyguy who wrote (16202)	2/17/1999 1:03:00 PM
From: mauser96	Respond to of 74651

OTOT .. It is very clear that in order of importance to the economy and the stock market are 1) the Fed 2) the congress 3) least important,the president. The president has his "bully pulpit" but congress votes on fiscal policy and the Fed controls monetary policy. That's just the facts. Some things that effect the economy are beyond the control of anybody . Your argument can easily be turned on it's head- during most of the great years the market was under the dominance of a libertarian Mr. Greenspan and a Republican congress. In all fairness I would have to say that Mr. Clinton hasn't been bad for business- mainly because he broke with most of his party on their antagonism to success and business. Fortunately for him, congress turned a thumb down on his most destructive proposals (socialized medicine etc.) Once you have been in the stock market long enough you will realize that the link between the economy and the market is tenuous and that politicians come and go, but the link between the markets and the Federal Reserve is critical. Meanwhile we can agree on MSFT prospects. Sometime in the next 6 months or so it's going to be a great buy. I just wish I knew when. I hold shares now but have put funds aside to add to my position. Long term charts show a pattern similar to INTC- a stairstep chart of long periods of advance followed by shorter corrections. These corrections tend to be as much lateral as down, and usually last 3 to 6 months. By the past pattern we probably have several months to go before a best buy chance. OTOH, the past didn't include anti trust litigation.