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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: Seeker of Truth who wrote (334)4/30/2001 5:04:42 PM
From: Uncle Frank  Read Replies (1) of 5205
 
>> one might expect big clouds of suspicion over any announcements <from China>

Right again, Malcolm. While last week's alleged cdma contract winners have been proudly publicizing their awards, the Asian WSJ reports the following:

HONG KONG -- China Unicom Group has postponed signing contracts to purchase roughly US$1.7 billion of CDMA wireless equipment from Motorola Inc., Lucent Technologies Inc. and other vendors, but didn't offer reasons for the holdup or say how long it would last.

Message 15735627

Looks like covering the balance of my position with May 65s @ 5 is going to be pretty difficult <gg>.

duf
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