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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 230.52+1.1%2:03 PM EST

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To: Bill Harmond who wrote (76465)9/3/1999 8:18:00 PM
From: Glenn D. Rudolph  Read Replies (1) of 164684
 

This buy and hold stuff really works


William,

I really does. I went to work today and came back and found I made decent money. I was losing when I would try and trade ie. YHOO much earlier and CMTN. Bought the CMTN back and just going to hold. I do write covered calls on some positions and occasionally sit back and wonder if that was wise. It only bit me badly with INTC last month. I did write covered calls on CSCO strike 70 for $3 premium for 3/4 my shares. It could bite me again. I am just thinking out loud. I did write out of the money calls on CSCO that past four straight months and did keep the premium. This weekend I will see how much this helps or does not.

Glenn
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