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Technology Stocks : Advanced Fibre (AFCI) ** IPO

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To: Bald Eagle who wrote (2110)4/8/1999 11:47:00 AM
From: E_K_S  Read Replies (2) of 3299
 
Mr Eagle- What covered calls are you considering selling?

I will be selling the September $15 call for between $1 3/8 - $1 7/8 when the stock breaks $11. This will be only on 1/3 of my current "long term" position. I also continue to sell naked PUTS to acquire more shares on any drop below $8.

Look to the next 18 month's for this stock to slowly rise...Next year we should be in the mid 20's.

EKS
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