From a pure technical point of view, if the market correct to the upside as predicted, MSFT will also tough new highs (100 plus) at the same time. A upgrade or two by analyst during the climb could cause a slightly higher price. You will like the 95 and 100 May calls much better by weeks end.
It shakes out the speculators, novice investors, nervous nellies, and consolidates a stronger base of shareholders for the next move up. Also since this downdraft is market wide, a flight to quality into established companies such as MSFT will produce a dramatic rebound. Folks, this stock has rocketed 50%+ in the last twelve months...THAT AIN'T SHABBY. Time to take a breather, pull back a bit and later head on up....don't worry , it will. Look for rebound to begin in earnest by the end of this week.