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

To: t2 who wrote (18152)	3/16/1999 5:10:00 PM
From: Teflon	Read Replies (1) \| Respond to of 74651

Some thoughts on MSFT and the Market: These comments reflect only my opinion. I feel comfortable with my comments on MSFT as I feel as though the company is essentially a family member in my life!!! 1) The trading so far reminds me of when we busted through DOW 9,000. We flirted with it a little bit (busted through on an intraday measure), then retreated as short term money took their profits. Within a week or so the DOW then stormed back to close above 9,000 only to keep moving above 9,000 before settling in for a 20% Correction. SOMETHING TO THINK ABOUT. 2) MSFT usually speaks in loud, obvious trends. As someone who has owned the stock for 6 years, these trading patterns are common place and predictable. We will definitely break the 175 barrier by the split next Friday and hopefully move on to new highs before the profit takers move in. THE OPTIMAL TIME TO SELL ANY "IN THE MONEY" CALL OPTIONS IS WITHIN WEEK AFTER THE SPLIT DATE (probably within three days after the split to be more precise). Any time after that the stock will pull back before consolidating and making a run towards earnings. I FULLY EXPECT THAT ANY CORRECTION IN THE MARKET WILL HAVE TO WAIT UNTIL MSFT HAS RELEASED EARNINGS AS THE MARKET RARELY DOES ANYTHING MATERIAL WITHOUT MSFT GIVING IT AN EXCUSE OR A REASON. FYI, I own a boatload of April 180s and have not sold any of them. I have been open with the Board about my thoughts and will come clean with my trading, whether I win or lose. Hopefully, by sharing with the rest of you a success story on MSFT and MSFT options after sleeping with this stock for so long, people like myself, t2k and the others can convince the rest of you that there is no better place in the world to put your money. Let's hope the demonstration goes as planned!!!! History is on our side. Teflon