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Technology Stocks : Full Disclosure Trading

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To: Return to Sender who wrote (9388)11/4/2004 2:18:03 PM
From: Sam Citron  Read Replies (4) of 13403
 
PKX Bot 500 38.74
Want more emerging market exposure. This one fits the bill nicely and provides hedge against falling $US, since it exports little to US. Also has options and decent liquidity, unlike KEF.

SGMS was not even held for 6 months. Only reason I sold instead of writing covered call is because I held the stock in a brokerage account that does not offer competitive commissions. The account is now being transferred to IB.

Lottery business is teriffic if you can find an operator that is untainted by corruption, which has plagued competitor GTK. I used to own GTK and may get back in if they show signs of cleaning up their act.

Good luck with your options education. Best approach IMO is to start by doing a bit of covered call writing to get your feet wet. A covered call write is always a "safer" investment than a simple long position and it usually pays a nice dividend. <g>

BTW, I'm sorry for the late reply. Actually tried to reply yesterday, but it did not get posted for some strange reason.

Sam
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