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

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To: Herm who wrote (9896)3/8/1999 9:07:00 AM
From: Michael Hart  Read Replies (2) of 14162
 
CS - CS ended their quarter on Feb. 28. They have always announced any surprises in earnings the week following earnings ( we're in the 2nd week ). They should announce earnings about the 23rd of this month. Just meeting estimates will make this stock move out of this range to the $10 range. Also, they are always included as an acquisition candidates in the networking market. Thus they continue to get boosts from the rumor mill which is one of the reasons they've ben so volatile since the value got hammered about 18 months ago.

Let me know if you have any questions.

Mike
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