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

To: johnd who wrote (23636)	6/4/1999 4:39:00 PM
From: t2	Read Replies (3) \| Respond to of 74651

Let us hope for 85+ by end of next week and 90+ by week after which is option exp week. Then 100 by month end; that would be nice I think you may be a little too optimistic with you prediction of 100 by the end of the month. I think only a good settlement on the case along with one hell of a market could do that. By mid July, I think there is better chance of 100. I am not willing to place big bets on MSFT hitting 100 and I have been sticking to in the money call options (unless they are leaps). I am reasonably comfortable of 90 to 95 by mid July or earlier. Y2K fears may result in a lot of profit taking leading into the earnings. If we do get a great June run up in the market and MSFT does go over 95, I am getting rid of my options. In that scenario, July would be a disaster, IMHO. Still hoping for over 100 by earnings combined with a settlement in the case---the problem is that the odds are not as good this time.