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Technology Stocks : INFOSEEK (GO)
GO 9.570+4.7%3:59 PM EST

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To: TOMMEBOY who wrote (2413)2/14/1998 4:07:00 PM
From: Phil Jacobson  Read Replies (1) of 9343
 
Sounds like a good strategy provided the overall stock market isn't breaking out...because in that case internet stocks are going to be in huge demand no matter what they are. Will keep your idea in mind though as it may well be a great strategy that I've not really considered before. I've got a couple of other stocks that I think will catch fire in a few months but are in a holding pattern today...covered calls are a great idea for them.

Would have to think that your investment partners have always been scared that SEEK would go up 30% the moment you write the calls.

Overall, do you find having investing partners helpful or a hindrance? Do you have your own portfolios and just share ideas or do you really combine resources (and what are the advantages to combining?)

Phil
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