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

To: Teflon who wrote (19182)	3/29/1999 5:38:00 PM
From: Offshore	Read Replies (1) \| Respond to of 74651

I talked with my accountant about the tax implications of MSFT and he told me if I sell I must pay tax on the increase, so now I find myself having to NOT SELL...and I won't. I'll hold on for 10 years, and my initial investment will be worth more than 100 mill! My wife is laughing at me, and I'msitting here thinking...This is for real. It could easily happen. MSFT just has to double each year, and this year it will do more than that!

To: Teflon who wrote (19182)	3/29/1999 5:41:00 PM
From: t2	Read Replies (1) \| Respond to of 74651

Teflon, IMHO, May options are a little too close for me. Remember the Feb 150s. I sold these just before earnings in January at $11; they went as high as 25 or so; expired worthless in February! I would want to capitalize on the Office2000 earnings run ups next quarter. June/July run - up should be awesome. The DOJ of course could throw a wrinkle in May and any other options--whether there is a settlement or just the trial. I would be very cautious about May options, unless you plan to sell these around the April earnings release(a little before). In that case, they are just like April call options. BTW--I am still holding a lot of April calls.--sold about 65% of these in the last couple of week but still have 35% remaining. My version of "dollar cost averaging".

To: Teflon who wrote (19182)	3/29/1999 10:52:00 PM
From: DownSouth	Respond to of 74651

Teflon, I know what you mean about boredom. I am fully invested with a few dollars in cash. I don't regret that, because my basket of internet connectivity stocks is doing well (UNPH, PMCS, ATHM, BRCM). INTC is my laggard. RMBS is my loser, but I still believe. I held QCOM for over a year, waiting for something to happen. I dumped it a few months ago. I will learn a lesson from this, but I am not sure what the lesson is yet. That is why I continue to hold RMBS, knowing full well that I will not be in the money until Thanksgiving, earliest. I enjoy your posts. Keep "talking to yourself". DS