How To Write Covered Calls - An Ongoing Real Case Study! Message Board

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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

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To: Casaubon who wrote (11934)	11/28/1999 10:15:00 PM
From: virgil vancleave	of 14162

Just got back from new york. Trying to catch up since I was gone for a few days. Your prxl pick looks quite good. I agree with herm on abx and gold in general, although my contrarian side says gold will come back just as inflation is, but there are better opportunities. cvd looks ok also, but I don't like the debt to equity ratio. Prxl has no debt, near $4 in cash, has a price to sales ratio of <1, and is profitable. Resistance is around 15 as Herm stated. I have this one on my list as I see a nice entry point being 10.5 to 11. Strong support is at 10 and just below. Thanks for the pick. I may own some of that one in a few days or so.

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