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

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To: RayV who wrote (1644)4/11/1997 5:37:00 PM
From: Herm   of 14162
 
Hey an $8 million settlement and protection of AXC patent is good news. They must have something worth stealing. Ampex alleged that Mitsubishi's picture-in-a-picture feature infringed an Ampex patent and won.

The stock is dirt cheap at this point. It's been rolling up and down for around $10 - $6 range. That is not that hard to take! Heck, it's cheap enough at $6+ to load up and write a load of covered calls.
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