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

To: LindyBill who wrote (16507)	2/19/1999 4:30:00 PM
From: t2	Read Replies (2) \| Respond to of 74651

LindyBill, I reduced my options load significantly on today's early move up only to come back in once the stock dropped down to about 146 this afternoon. I was a net seller though. Still holding a bunch of April calls. I am going to wait a little longer to buy April calls--once the next few days of the trial are done----need to see if MSFT improves its defense (the way it did today). If they have a strong finish-----the stock will go much higher. IF they falter---I will stick with near the money options. Unloaded MSFT and INTEL shares too. Going to try to get a feel for the market and buy on dips if there are any. I must admit, I thought we would be falling today---even played with some Feb puts(cheap ones), feel like I have sinned.<g> Well I lost money on the puts--glad to say.(?)