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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study! -- Ignore unavailable to you. Want to Upgrade?


To: Dan Duchardt who wrote (11380)8/14/1999 11:21:00 AM
From: Herm  Read Replies (1) | Respond to of 14162
 
Hi Dan,

ABTE I read the chart as still showing an upward bias
with an RSI ready to cross above the 50 marker on the daily
chart setting and sideways on the weekly setting. We still
have a stock which is selling for peanuts. It might be a
good take over candidate. Very nice open interest for CCing
such a cheap stock.

NASDAQ: (ABTE : $8 9/16) $90 million Market Cap at August
13, 1999 Trades at a 73% Discount PE Multiple of 11.4 X,
vs. the 42.3 X average multiple at which the Cellular &
Telephone Services SubIndustry is priced.