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

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To: Rupert Gittens who wrote (8465)9/16/1998 8:31:00 AM
From: Herm  Read Replies (3) of 14162
 
EARLY BEAR TRAP SETUPS!

Where are you Rupert? I thought I would share with the forum another
stock with dripping fat. This is an early warning.

NYSE: (GPS : $59 3/4) $25,787 million Market Cap at September 15,
1998 Ranks 248th in the Fortune 500 on Revenue & 183rd on Profit.
Employs 66,000. Trades at a 88% Premium PE Multiple of 33.0 X, vs.
the 17.5 X average multiple at which the Apparel SubIndustry is
priced.

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