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

To: Teflon who wrote (16231)	2/17/1999 2:50:00 PM
From: LindyBill	Read Replies (3) \| Respond to of 74651

Well, I jumped in and picked up a lot more softy at 149 1/2. I am now 57% MSFT! Figure I will do well with it the next few months, and keep and eye on the DOJ.

To: Teflon who wrote (16231)	2/18/1999 1:17:00 AM
From: ed	Respond to of 74651

Mr. Teflon, Do you have the guts ? You may sell 10000 shares of your stock and buy 700contracts of year 2001 strike price $200 leaps . By Jan of 2001 , if the stock price hit $300 ( $150 after split), you still have 20 months left, your 700 contracts will generate $7 millions for you . While if you still keep your 10000 shares, your profit will be only $1.5 million. So, do you have the guts to bet that Microsoft will hit $175 by year 2001 ( after the current split) ? As for short term option trading , well , it is too risky, anything can happen in the short term. I can only predict the long term trend.