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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

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To: virgil vancleave who wrote (13499)1/27/2001 1:55:12 PM
From: Herm  Read Replies (1) of 14162
 
Happy New Year Viril. I hope you are getting use to dry land
and the misses is feeling ok!

Let's take a look at your new gems!

Long on PCG WOW! PCG is down alright! It's good for a
technical bounce at least.

stockcharts.com[M,A]WBLLNYMY[DF][PD20,2!C50!F][VC60][IUB14!LG!LE12,26,9]

Short on EMLX NASDAQ: (EMLX : $106 11/16)$8,200
million Market Cap at January 26, 2001 Trades at a 63%
Premium PE Multiple of 99.7 X, vs. the 61.1 X average
multiple at which the Computer Peripherals SubIndustry is
priced. Computer Peripherals SubIndustry up 3.30% /
Technology Industry up .59% Today

stockcharts.com[M,A]WBLLNYMY[DF][PD20,2!C50!F][VC60][IUB14!LG!LE12,26,9]

Hummm? You might be a tad bit early! But, I would agree
there is more of a distribution pullback than upside from
here.

Short on GLGC NASDAQ: (GLGC : $23 7/8)$608 million
Market Cap at January 26, 2001 Loss Expected for 2001;
Biomedics SubIndustry priced at 62.5X PE Biomedics
SubIndustry down < .42%> / Health Industry up .10% Today

stockcharts.com[M,A]WBLLNYMY[DF][PD20,2!C50!F][VC60][IUB14!LG!LE12,26,9]
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