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Technology Stocks : ESST-the new beginning.

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To: Rich23241 who wrote (3332)	3/29/2002 3:49:45 PM
From: freeus	of 3493

Hmmm I'm thinking of buying some shares, selling cov calls against them for $25July and selling puts for $30July: worst case scenario I get to buy all my shares cheaper than just buying the shares. Best scenario, stock is 25 in July and I sell my shares for a 20% plus gain and replace them with the $30 shares that I've actually bought for $20. Any reason not to do that? Freeus

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