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

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To: Rick C. who wrote (6302)	1/5/1998 9:56:00 PM
From: sailor	Read Replies (1) of 14162

Rick First to set you straight, the only thing I've seen in the water lately is ice floating by the window. Wish I was in FL. 1) The hang the weight on the winnie test was a joke and only fools followed it. Think about it not too scientific. VVUS biggest downfall was management not pulling the oars in the same direction on 4th qtr production. Thus the downfall. 2) Don't know the price, but I think about 25-30 bucks a pop. Your insurance co or the Govt pays for it. Heck Rick your wife might pickup the 30 bucks for the ride In all seriousness. We have a fairly new company, selling all the product they can make. The product makes people happy, it works most of the time. They just built a second plant, they are building a third plant overseas. They are making a good profit, they have cash on hand. Sound good to me. Sailor

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