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

To: Daniel W. Koehler who wrote (18168)	3/16/1999 8:20:00 PM
From: t2	Read Replies (3) \| Respond to of 74651

I actually had bought April 150s late Friday. I guess i don't really consider these to be like options as they are now deep in the money. I sympathize with you on holding MSFT options thru February. It was brutal. That is why I want to quit options especially since I gamble a lot on MSFT calls---thinking that it is the stock with the best fundamentals. Now I am ahead of where I was when I started buying options aggressively in February and March. Microsoft options have brought me phenomenal success in the last year but it may be time to "retire". It is time to retire. It has taken a toll on me so I decided to call it quits even as early as this weekend. Will try more conservative investments --maybe even some internet stocks. However, planning to add shares of INTEL/MSFT/Wal-Mart/Nortel. BTW--One of my old favorites, TommyHilfiger is now being upgraded by some analyst. I think it had gone through downgrades in the past.I can't believe these so called analysts. They should recognize "potential" before it is proven. Unfortunately, I had to give up on the shares and options on TOM last year. In anger, I "dumped" all of proceeds in way out of the money MSFT calls. It was just frusteration. That was the best trade I have ever made----changed everything in my life. Fate took a strange twist at that time. That again is why I want out of options because you never know when you can take a wrong turn in options trading. Just too risky. That is why I urge all options traders to be very disciplined. It is like being in a casino----the next bet will be a winner OR maybe not. It can be very addictive---and you thought day trading was bad!!!!