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

To: taxman who wrote (19461)	4/1/1999 8:10:00 AM
From: t2	Read Replies (2) \| Respond to of 74651

taxman, Leaps 2001 at stike of 110. I heard that a newspaper had this recommendation yesterday or the day before up here in Canada. They are not expensive. Covers all big product releases, trial, Y2K related correction(a month or two duration). Can anybody imagine this stock at under 120 by this time next year? Once I sell all my options, I plan to buy the leaps (or at least seriously consider these). Interesting point you made about the July options volatility. I would think that an earnings run-up July would be awesome due to Office2k---might actually consider these too. You are right about the April calls--should not risk much money on these but there are a lot of potential gains on a small bet---looking to get a sense for what is going to happen in Kosovo before engaging in very short term options trading. I would be looking to buy $5 out of the money with 1 to 2 weeks remaining to expiration. These be cheap lottery tickets-----I want the stock to be around 87 before trying the 90s, or 95s. Still have a few of April 80 remaining to unload. Hope I get a chance today --stock needs to hit about 92 before I consider it. BTW--I have started limiting my options bets to small percentage of my portfolio.