PMC-Sierra (PMCS) Message Board

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Technology Stocks : PMC-Sierra (PMCS)

PMCS 11.65

0.0%

Jan 25 4:00 PM EST

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To: hospitalman who wrote (3578)	7/13/2000 1:30:53 PM
From: Dutch	Read Replies (1) of 3818

I'm long term also, but write covered calls every now and then on PMCS. A couple of weeks ago I picked up $5 per contract for July $250's. We were trading at $175 at the time and never guessed we would run this far this fast. The bad part is I bought these at $22.50 and I may have to buy the contracts back to avoid cap gains. I do have a good chunk uncovered, but never imagined this. On a wing and a prayer, Dutch

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