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

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To: Rodney Lockhart who wrote (415)	3/4/1997 4:48:00 PM
From: Baja Don	of 14162

Hi Guys, I posted and then went downstairs to build some more cabinets. I hopped into SYSF to early. It went down to 11 and 1/8. I don't know what it finished up at but my broker and I feel that it is a buy below 13. I sold it a week ago at 16. It should be back up to 17 in a few weeks. Thats when I'll do the Steve and Herman thing and write the call. I told my broker if it gets below 12 again, buy more but as Herman says, do your homework. Go to the SYSF thread and read what's been going on with the Company. Buy the dips, sell the put and write the calls on the run ups. As I said, that greased pig at the bottom is sure a slippery devil. On page B11 of Monday's WSJ, there is an add "Incorporate by Phone for as little as $39, any state plus state fees. 800-877-4224. www.corporate.com, E-mail corp@ssnet.com The add says they have been in business since 1899. Laughlin in Reno is now charging $600. Takes 2 to 3 weeks and includes a resident agent for a year. $115 a year for a resident agent after that. 800-6480966. Their corporate manual is now $98. There is a company in Las Vegas that I stopped at for Bill the other day that does them turn key for $400. Includes Corporate manuals, stamp, the works but naturally I can't find it right now. If your interested, I'll post it later. I could understand me losing it if it was in my garage while doing a project. These prices sure beats the pants off Wade Cooks prices. See you, Don

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