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


To: Teflon who wrote (19495)4/1/1999 10:51:00 AM
From: t2  Respond to of 74651
 
Teflon, did not get the chance to sell the remaining calls. I was at the gym this morning when I should have unloading the balance of the April. It is not an urgency to sell since the premiums on the April 80 are non-existent. I am confident we should see mid 90s again before expiration anyways.
I might not get the best opportunity today as we have those people who like to sell before a long weekend---I don't understand the logic behind it.
Next week we should start seeing the big moves--as earnings anticipations are going to build up in MSFT. I also think Intel is poised for a huge run.



To: Teflon who wrote (19495)4/1/1999 11:03:00 AM
From: t2  Read Replies (1) | Respond to of 74651
 
My optimism on MSFT stems from the way stocks behave on actual news lately. Even when everyone knows an announcement is coming such as windows2000 beta release, they tend to buy when it is actually released. I just don't understand why people do this but it is happening.
MSFT might also be getting ready to announce a lot of internet deals, this usually adds a pop to the stock.
To top it off, we got earnings and settlement talks still going on.

I am very bullish on Microsoft stock going into the next 2 weeks.
I am just trying to get rid of remaining options in order to buy stock. Wife hates options trading now--does not want to risk the gains and I am with her on that one. I have been buying the stock with the proceeds from my options sales.
In the future, if I buy calls, it would be minimal amounts (in comparison to what i am used). It has nothing to do with whether I am bullish on MSFT or not.

I just love this stock!!