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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: alanrs who wrote (4944)	10/11/2007 10:05:22 PM
From: Uncle Frank	of 5205

>> What makes them better than any other photo shop? The company was started by a pretty sharp cookie... Jim Clark. You might remember him as the guy who put together Netscape. He's no longer active in the day to day management, but he still owns 7M shares out of the 24M float. Printing photos is a low margin dog eat dog business, but sfly has found a way to grow like a mushroom and make good money out of it. They're a sticky site, and offer all sorts of photo products, like books, apron, mousepads, etc. We're headed into their best quarter right now, which is why imho they've been rallying so strongly. I think they're at the upper end of their range, which is why I wrote calls on my position. I'm not suggesting anyone buy this stock right now, but it's a well run company, and worth watching over the long run. duf@wtfdik?.com

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