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


To: johnd who wrote (18338)3/19/1999 1:40:00 PM
From: Teflon  Respond to of 74651
 
Mr johnd:

I am not as confident about MSFT closing above 175 today as you are. My gut tells me that there will be significant buying going towards the close, but that the nerves of most will start to wear down as we head towards 4pm. Nobody will want to be "overexposed" heading into this weekend. Too many folks on CNBC and Cavuto's show will be talking about DOW 10k being a top in the market.

But as I have said, anything goes with todays close. There will be a lot posturing going on to be sure.

Teflon



To: johnd who wrote (18338)3/19/1999 1:43:00 PM
From: Teflon  Read Replies (2) | Respond to of 74651
 
MSFT trading volume today is very heavy, and will pick up steam after 2:30 pm. It's like the wild, wild west down on the trading floors.

What a day.

It's great to live in AMERICA!!!

Teflon



To: johnd who wrote (18338)3/20/1999 12:53:00 AM
From: ed  Read Replies (1) | Respond to of 74651
 
JohnD,

You are wrong again, Microsoft closed below $172 today.

The April $200 is a better buy than the April 190. After the option expiration, the Premium of April $180 will erode quickly, My bet is $4, so you lose 30% right away. Now , it is not the right time to buy April calls, wait till two weeks before the next expiration.