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

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To: Herm who wrote (8254)8/17/1998 10:25:00 AM
From: VincentTH   of 14162
 
COMS looks like another candidate. The stock has run up from the
low $23 to $30 based on takeover rumor and better earnings expectations.

Short Interest Figure from viwes.com
Item Ticker Company Name Month Shares Short Avg Daily Ratio* Remark
Volume
1 COMS 3Com 07/98 11,560,201 9,220,221 1.25
Corporation 06/98 12,297,308 5,906,227 2.08
05/98 11,974,076 5,908,920 2.03
04/98 12,431,681 7,429,801 1.67

Key Statistics (from MSInvestor)
Zacks ConsensusModerate Buy
Qtr EPS Estimate$0.21
FY EPS Estimate$1.29
Current P/E Ratio364.80
P/E on FY EPS Est.42.80
Dividend Yield0.00%
Market Cap10,465.4 Mil
Shares Outstanding358.6 Mil
Daily Vol (13 wk avg)7.4 Mil
Institutional Ownership56.00%
Beta1.7
Short Interest Shares11.6 Mil
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