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

To: Sir Francis Drake who wrote (21988)	5/3/1999 10:00:00 PM
From: Ex-INTCfan	Respond to of 74651

re "There are significant challenges ahead." Microsoft feeds on significant challenges. Look at IBM and MSDOS, OS2 and Windows, NT and Novell, Wordperfect and Word, Lotus and Excel, Harvard Graphics and PowerPoint, Netscape and Explorer. The best time to buy Microsoft is when people start doubting it. It is one of the best-managed companies in the history of the world, staffed by the smartest, most driven people around. This does not mean that things will continue forever as they have, but the talent is in place to maintain the momentum, and make more right decisions than wrong. JMHO -- Buy now. Load up. INTCfan

To: Sir Francis Drake who wrote (21988)	5/3/1999 10:42:00 PM
From: Exacctnt	Read Replies (1) \| Respond to of 74651

Sir Francis, I understand exactly what you are saying. As a long-long time Microsoft shareholder, I am also somewhat skittish on the near and intermediate-term outlook on MSFT's stock price. The stock price has not been acting well for the past couple of weeks. There is constant selling pressure. In fact, I had bought put options over a week ago as a result of seeing weakness in the price of the stock. The puts were bought with the idea that MSFT would experience a sharp drop (8-10 points) with a quick rebound. I was hoping to be nimble enough to cash out with a nice gain. Instead of a sharp drop, we are experiencing a gradual erosion in the price of the stock. My strategy of making a quick buck is now transforming into a hedging position. For the past 6 trading days I had the opportunity to sell the puts for a nice gain at some point in each day. However, because of the weakening price of the stock, I haven't sold any of the puts and now I am viewing them a serious protection from continuing declines in the stock price. In the past, I have played the options game, both puts and calls, with various degrees of success. All those option plays have not involved the usage of my underlying holdings of MSFT stock. For the first time, I am now seriously considering playing options with the idea of "capital preservation". This market is too crazy. <g> Regards, Bob

To: Sir Francis Drake who wrote (21988)	5/3/1999 11:09:00 PM
From: ed	Read Replies (1) \| Respond to of 74651

Ha! Last year around this time when the DOJ case started , Microsoft held back from $125 to $90 , you probably was one of the few sang the same blue song. What has been changed since May of 1998 ? Nothing at all !!! except we will see more new products release in the coming months and which means more revenue and profit. Don't forget, Microsoft just experienced a quick run up not long ago, and it is common for Microsoft to correct 15% after a big run, and my bet is the next big run is pretty close, especially when there are so many people like you started to sing the blue song again.