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

To: Teflon who wrote (19897)	4/7/1999 11:15:00 AM
From: Richie	Read Replies (1) \| Respond to of 74651

Teflon, I do not have access to CNBC during the day.....but I have looked about everywhere else and can not find ANYTHING! Has CNBC said anything of the DAQ reversal? RichieH

To: Teflon who wrote (19897)	4/7/1999 11:22:00 AM
From: JH	Read Replies (2) \| Respond to of 74651

I just sold my entire stake of MSFT @92-7/8 and replaced them with an equivalent amount of 04MSFT90c at an average price of $4. The world's largest capitalization stock shouldn't lose nearly 2.5% in a matter of minutes unless something drastic has happened. OTO, I don't want to miss the reflex rally if this downdraft turns out to be a bluff. I'm willing to risk the entire premium paid on my call options for a punt here. As I'm typing this, the Nasdaq is going through a brutal correction... MSFT is at 92-3/8 x 92-7/16. What's going on? What's going on?