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

To: Richard Strutz who wrote (20794)	4/20/1999 2:56:00 PM
From: PMS Witch	Respond to of 74651

Short, Short, calls. My observation, is that in those months when your stock does well near option expiration, your stocks step in a cow-pie near the end of the month. Conversely, in a month like April 99, (Excuse the two digit year!) where the stock hit an air pocket at expiration, the stock usually does well near month end; (or month beginning) thus, if this pattern holds, an investor would be wise to close a profitable position near the end of next week or the beginning of May. Hope this helps. PW.

To: Richard Strutz who wrote (20794)	4/20/1999 2:56:00 PM
From: Shea Jones	Read Replies (2) \| Respond to of 74651

I'm holding until tomorrow. I'm stubbornly refusing to believe that we won't see blowout earnings, and a jump into the 90's. I'm thinking .39 a share, near 5 billion in revenue.... Hey, a girl can dream now, can't she? ;-P

To: Richard Strutz who wrote (20794)	4/20/1999 3:12:00 PM
From: taxman	Respond to of 74651

"Any suggestions?" decision rests with you. go with your instincts. regards

To: Richard Strutz who wrote (20794)	4/20/1999 3:35:00 PM
From: Uncle Frank	Read Replies (2) \| Respond to of 74651

Richard, I've gone both ways: I've held a profitable option too long and watched it expire worthless. I've sold a profitable option too early, and missed big earnings upsides. In review, I'd rather sell at a profit too early than hold too long and lose everything. My best advice is set a target and sell when you hit it, regardless of the time left on the option. Be very firm in this practice and you'll increase your odds of coming out ahead. imho, Frank