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Technology Stocks : WDC/Sandisk Corporation
WDC 181.08+3.5%Dec 19 9:30 AM EST

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To: Art Bechhoefer who wrote (6618)8/14/1999 11:43:00 AM
From: gdichaz  Read Replies (2) of 60323
 
Art: Agree with the buy and hold approach you describe. And that sales should be limited to when fundamentals change.

When cash is needed for a good purpose or emergency requirement, are covered calls your only suggestion?

What happens to the covered calls if the stock goes up, as SanDisk may well do? Don't sales of covered calls limit upside potential gain and why pick a stock like SanDisk which has huge upside moves with amazing frequency?

Would appreciate more info on your reasoning. Chaz
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