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Strategies & Market Trends : The picks

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To: H Patel who wrote (5965)	5/27/1997 12:08:00 PM
From: S.M.	of 6124

H. Patel, RE: CSGI and BMCS CSGI- I do like the price action today and I think that we will break the $13.00 soon. I would try to buy between $12.375 to $12.50 BMCS- I like BMCS and have traded it successfully for several clients. My strategy involves writing covered calls. I would strongly suggest you look into writing some covered calls on BMCS. webservices.pcquote.com You can get aggressive and write some 50's or be conservative and write the 55's In any case, BMCS is trading strong and I would rather write the calls than sell the stock. I think you should see how it closes today to give you a better idea of where BMCS is headed. If it closes above $52.00 today, then I would write the 55's if it closes below that mark, I would go with the 50's

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