Qwest Communications (Q) (formerly QWST) Message Board

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Technology Stocks : Qwest Communications (Q) (formerly QWST)

Q 79.24

+1.6%

Nov 26 3:59 PM EST

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To: Craig A who wrote (3050)	3/9/1999 9:01:00 PM
From: Scotsman	Read Replies (1) of 6846

I tried a little option stratagy today. I sold the March 65 calls on half my position. Since the premium was over 2 for an option that expires next Friday, I thought it was a pretty good return. If it gets called away from me, it gets called at 67. If it climbs beyond that, I still have the other half participating in the climb. If it falls or doesn't get called away, I get the premium. Anyway, we will see if it works. I'll probably by more Qwest with the premium. I just can't resist, its a great company. However, once again, there is the LVLT climbing 4 points today. No earnings, no revenues, only thing they have for sure is Crowe in the leaders chair. I continue to be amazed.

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