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Pastimes : J Doe #13 Off-topic Non-Specific Tech Stock Ponderings -- Ignore unavailable to you. Want to Upgrade?


To: Johnathan C. Doe who wrote (1809)8/19/1999 4:53:00 AM
From: Charlie Finley  Read Replies (1) | Respond to of 1819
 
Johnathan,
Not so much a trader, SEG has become a cash cow by selling covered calls. I have not optioned it out since the last time, June, when it failed to stay at $30 and I kept the premium and the stock, but it seems I should get a decent premium for the 9/35's if the stock holds at this level. Option expires tomorrow for August, but I did not sell the covered call this last period, glad now, because I can go higher this time. Option at 35 and if I lose it no big deal, it will go back under 30 again if I am right.
ASTN has some good news and should start it's climb now. Still not fully invested anymore, 4th quarter worries and Y2K is not behind us. What's the story on PAIR, someone want to take it out?
Have to go to New Jersey now, so have a great day, and I'll be in touch.
Charlie