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

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To: Paul Heye Jr. who wrote (9393)1/8/1999 9:32:00 AM
From: Herm  Read Replies (1) of 14162
 
FLC
FLC has a 34.24% growth rates and is selling cheap.

NYSE: (FLC : $8 11/16) $1,678 million Market Cap at January 7, 1999
Trades at a 23% Discount PE Multiple of 7.2 X, vs. the 9.4 X average
multiple at which the Drilling & Marine Supply SubIndustry is priced.

Check out the upper BB which has been tagged. FLC has a tendency
to keep tagging upwards and drag the upper BB which it is doing now.
Meaning? Higher prices for a short term. Nice open interest in the
options strike prices!

iqc.com
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