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


To: Uncle Frank who wrote (17328)3/7/1999 2:45:00 AM
From: Ibexx  Respond to of 74651
 
Thread,

Below is from OptionInvestor Newsletter, 03/07/99: Please read at your risk

"MSFT - Microsoft $154.94 (+4.81)(+2.38)(P3W -27.25)

Brought to you live from the DOJ, a reprieve from the trial
until its resumption in April! Thank Goodness! The
embarrassment Microsoft suffered in the defense phase of
the trial took its toll on investors. Without the smoke of
the trial, the stock firmed and is moving slowly upward
headed into its 2:1 split on March 26 -- 3 weeks away.
Split run strength typically happens in the 2 weeks prior.
Now is the time to scale in. We offer March strikes this
week only since they will expire the week before the split
-- at least we get a nice piece of the trend. April
strikes will get you through the split and may be better
suited depending on your risk profile. The chart just
turned positive. Confirm market direction or target shoot
before taking a position.
"

Ibexx