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Technology Stocks : Tower Semiconductor

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To: Denice who wrote (1844)2/13/2000 2:07:00 PM
From: Creditman  Read Replies (1) of 1853
 
Denice, I think he uses his name both places. I use my first name "Mark" on the Tower Yahoo thread.

By the way, as you can see Tower is "HOT"! Looks like it will be profitable in the current quarter ... finally. There is lots of talk about new fabs and such and the new products are being sold profitably. I am keeping all the shares I bought at $7 - $10 and I am buying more shares, selling slightly out of the money calls. On Friday I bought TSEMF and sold $22.50 July calls for $5 which to me is sort of like buying at $20 and selling at $27.50, getting part of the money now and waiting 5 months for the balance. I like this especially as I am buying with the increase in purchasing power in my margin account given to me courtesy of Tower.

Regards
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