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

To: Brian Malloy who wrote (20774)	4/20/1999 3:14:00 PM
From: t2	Respond to of 74651

Brian , I have been cautious about May options even though I hold some. The start of the trial may cause some "unjustified" selling in the short term messing up options trader's plans. I don't invest much in short term options anymore. I just picked up leaps. However, i have bought a lot of shares in this company and plan to ride out the tough times without worrying about short term movements in price. However, I would consider short term strategies if we see severe drops--like PE = 55 approx. in the next month or so.