PictureTel (PCTL) Message Board

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Technology Stocks : PictureTel (PCTL)

PCTL 0.0001000

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Aug 4 2:00 PM EST

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To: Tech Bull who wrote (911)	8/23/2000 12:39:14 PM
From: Trebor	of 920

Tech Bull: I've just started following PCTL because it was recommended by the Option Investor newsletter as a good covered call play right now. If a guy buys PCTL at $5.56 and sells Oct. $5 calls at $1.87 to $2, that's a 21% return for a two month investment, assuming PCTL is still above $5 on Oct. 21. Would appreciate any comments on PCTL's odds of staying above the magic $5 level. Thanks.

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