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

To: LindyBill who wrote (21060)	4/20/1999 10:32:00 PM
From: Catcher	Respond to of 74651

lindy if you believe softee is going nowhere for next quarter then you probably hold that the rest of the tech sector is headed south. True? within the tech / inet sector, can you suggest a better stock within the same risk/reward parameter?

To: LindyBill who wrote (21060)	4/20/1999 10:42:00 PM
From: taxman	Read Replies (2) \| Respond to of 74651

"it is time to sell some covered calls." if i can't talk you out of this idea, maybe the editor of bull market report can. regards ^^^^^ MICROSOFT HITS WHISPER NUMBER After the close, Microsoft did it again by beating estimates of 32 cents and reporting 35 cents. Microsoft's quarterly profit jumped 43 percent from a year earlier on strength across its range of products, particularly its Office business software and Windows NT software for running corporate computers. They earned $1.92 billion up from a profit of $1.34 billion, or 25 cents a share, in the year-ago quarter. Revenue rose to $4.33 billion from $3.77 billion. Microsoft has $22 billion in cash and no debt. COMMENT: We can't believe this but are compelled to print the facts: Microsoft earned 44% AFTER TAX on every dollar of sales. Plus they kept $400 million in revenue off the balance sheet. WOW. This is huge. This is beyond huge. Being able to buy Microsoft here in the low 80's instead of the middle 90's is a gift from heaven!

To: LindyBill who wrote (21060)	4/20/1999 11:25:00 PM
From: Teflon	Read Replies (2) \| Respond to of 74651

LindyBill, Some would suggest that you are right - from a traditional market play perspective. My problem with the current market, however, is that traditional strategies are no longer valid. Today, most people are up to speed on traditional market plays like the one you are suggesting and pull the trigger early in an attempt to out think the Market. For this reason, I think the selling in MSFT started early, long before this earnings announcement, and I therefor think the buying will start early, long before the release of Office 2000. Writing covered calls is a tough move in this market. Let me know what you decide to do. Teflon