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Technology Stocks : Qwest Communications (Q) (formerly QWST)
Q 77.96+6.0%Nov 25 3:59 PM EST

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To: SJS who wrote (2595)12/28/1998 2:14:00 PM
From: David Lawrence  Read Replies (1) of 6846
 
After looking at the updated chart I see we're in new territory, thus I'll be letting it ride to see how it plays out. I would like to see some more volume to support the increase in price.

In re the covered calls, I'm on a general move to hedge my big winners that carry historically high PERs. I don't generally like buying options (puts), preferring to pocket the premium instead of paying it. I've done fairly well selling calls on QWST in the past, and have never had my shares called away.
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