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

To: Detail-MD who wrote (19806)	4/6/1999 2:39:00 PM
From: Teflon	Read Replies (1) \| Respond to of 74651

It's tough not to make $$ on Call options with the market we have these days. But last October, if anyone was long on the call side, they were losing plenty. Our current Market sentiment and behavior is making options trading very lucrative. Now it's up to the Market to see how long it continues. Teflon

To: Detail-MD who wrote (19806)	4/6/1999 3:17:00 PM
From: taxman	Respond to of 74651

you are correct about options. being more conservative i have played ge, dell, xrx, sunw, lu, csco, amgn, bgen, wat, intc, medi and msft. i have also made money on puts. regards

To: Detail-MD who wrote (19806)	4/6/1999 4:48:00 PM
From: t2	Read Replies (1) \| Respond to of 74651

Detail-MD, Congrats on your options returns on AOL and CMGI. I am not afraid to invest in options--have done it for over a 1 year with phenomenal returns. You just have to know when to quit---i am about to. I am surprised that you could make so much expensive internet options. I thought one could only get great options returns on just way out of the money MSFT or Intel options as they near expiration. In any case, I would not keep playing with all of the winnings. I hope you are not doing that. You have done well but maybe should put away some cash in T-Bills--as a bit of a safety net in case the worst happens. I just put away about 50% in bond and moneymarkets funds. Down to about 5% to 7% in options (more or less) and 45% in stock.

To: Detail-MD who wrote (19806)	4/10/1999 3:50:00 PM
From: taxman	Read Replies (1) \| Respond to of 74651

"My point is, don't let this propaganda [95% of options players lose] scare you. I am picking up a new Ferrari on Saturday--thanks to AOL and CMGI options." i am posting below my correspondence with the editor of the wall street digest. thanks to options i could drive a Ferrari also but there is too much traffic here. contunued good luck. stick with options. don't neglect the puts. i make money on them too. regards --- Donald Rowe <editor@wallstreetdigest.com> wrote: > Q:[by taxman] I really appreciate your free report, "The > 12 Investment Strategies > of > Every Successful Investor." However, as I tend > to invest my capital in > Puts > and Calls, your Rule #10 caught my eye. Do you > have any evidence to > support > your comments? > > (NOTE: This question refers to a paragraph in > Don Rowe's popular > investment > report, "The 12 Investment Strategies of Every > Successful Investor," > available via E-mail from The Wall Street > Digest's home page. Rule #10 > states, "Never Invest In Options! 85% of the > people purchasing options > don't make money; 85% of options expire > unexecuted. You can be right > about > the up-trend of a particular stock or a > specific market, but a 90-day > correction or a sideways market can create a > net loss for you.") > > A: Ample research is available from the options > industry to support this > > statement. Several good books have also been > written on the subject. > Unfortunately, most stock traders end up with a > net loss for their > efforts > and give up trying to make the fortunes > promised by the eager sellers of > > various trading programs. > > >