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

To: Teflon who wrote (16769)	2/23/1999 4:24:00 PM
From: t2	Respond to of 74651

Teflon, I also got a a good feeling once I read about the duration of the delay. If it had not been for a strong move today---I would have loaded up fully----Instead I decided to pick up a lot of options on MSFT and few on Cisco. I just wish I had not been trying to time it---In the past 2 years of trading options, I was always buying whether the stock had gone up for a few sessions or down. Just lately, I have messed up my strategy. Now going back to my old method. If the stock can still move this well given how poorly those "lawyers" and "witnesses" are doing, I don't see how we cannot hit 100 post split.--90 or so by end of the month and another 10 or more points leading to earnings.

To: Teflon who wrote (16769)	2/23/1999 4:29:00 PM
From: t2	Respond to of 74651

Teflon, Ex April 160s--I believe are trading over 8 dollars. Split adjusted--stock is at almost 78 and April 80 are at around 4. I don't recall see options only $2 out of the money at about $4 leading into a stock split and earnings which are almost 2 months away. As far as I am concerned, these options look very cheap. Just watch what these trade at close to earnings, even if the stock just trades at 80. JMHO