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Politics : Ask Michael Burke
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To: Knighty Tin who wrote (83139)8/21/2000 9:56:16 AM
From: Alias Shrugged  Read Replies (1) of 132070
 
Hi Mike

>>>On the call side, I am looking at very fallen angels ICGE and CMGI. Admittedly, they were scams and suckers bought into them bigtime, but now they kind of look like discounted CEFs, and you know I love them. I am comparing their portfolios to the real discounted CEF, FND, to see how they compare. More will be reported in the future.>>>

Would you consider a buy/write on CMGI or ICGE. If so, how far out would you write, and I assume the calls would be slightly out of the money.

Thanks

Mike
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