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


To: J Krnjeu who wrote (20187)4/9/1999 7:46:00 PM
From: t2  Read Replies (2) | Respond to of 74651
 
J.Krnjeu, I hope you don't wait for me to make an options move. I have become very conservative in my investing lately---upon my wife's insistance. I might just pass up on the potential big gains on MSFT and INTEL options. (I hold both already but not too much). However, I own lots of shares.

I feel the time the analysts get this weekend to digest the Compaq news might just stop a sharp sell off in its tracks, meaning less of an options buying opportunity. Like I already stated, Ashok Kumar's interview just killed a big selloff. As far as I am concerned he is the best analyst out there in the PC industry--brilliant.

If I see INTEL off by $3 on Monday or Microsoft below 92----I might actually step in add some more.
I am not saying that options are not good buys even if we hold at 94. I am just stating that due to my new trading strategies, I probably won't try to hit the "jackpot" unless we see sharper drops monday morning.

BTW--Compaq is probably giving itself a "cushion" and might report 3 or 4 cents higher----maybe close to 20 cents.