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Strategies & Market Trends : Covered Calls
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To: tchphysics who wrote (60)5/15/1998 4:22:00 PM
From: Terry Maynard   of 86
 
Jeff, I too got in today with a buy/write that yielded 12% before the FPAM continued south. However, I also am looking long term - this may be way oversold IMO. In a few quarters if these measures described today take hold then the company will be profitable. A big 'if' though. Patience, IMO, is the key at this moment. The NASDEQ drop today didn't help much either.

Good Luck and Good Investing.

Terry
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