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

To: johnd who wrote (17167)	3/3/1999 6:19:00 PM
From: t2	Respond to of 74651

Johnd, I think the Intel move today (thanks to the smartest known Intel analyst--Edelstone of Morgan..) is a sign of things to come for Microsoft. I had actually bought some out of the money March puts, as a hedge against my large call position for April) fearing we would have a big down day. Got out with a small profit and used funds to buy MSFT call options---decided on March 155s. Just need to get out of this week around 150 and we should be on our way up next week. Notice how Dell shot up at the end of the day due to their internet announcents----Well MSFT will be doing something tomorrow. That is why I bought the extra calls at the close of the day, thinking it should have moved up more due to Intel and its own "show" tomorrow. IMHO