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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 (12358)2/16/2000 12:53:00 AM
From: Dan Duchardt  Read Replies (1) of 14162
 
Herm,

The public's perception is pretty hard to figure on some of these companies. I owned OAKT beck in the days when it was in the $3 range, selling a about 5x earnings. Unfortunately I paid $5 or $6 as I recall, and watched it slip lower and lower. I finally bailed out with a hefty loss. Now it's 50x earnings and everybody wants it. All I heard back then was about mismanagement and OAKT getting left behind by DVD. Got my fill of reading the Yahoo message boards back then. Didn't find SI until sometime later. Congrats to jaytee for hanging in there with this one.

Now if KM will just follow......

Dan
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