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Technology Stocks : PMC-Sierra (PMCS) -- Ignore unavailable to you. Want to Upgrade?

To: George Sepetjian who wrote (2667)	8/24/1999 12:11:00 PM
From: charliex	Respond to of 3818

George, First of all, I am extremely BIASED in regards to PMCS. I would only write calls only if I think the stock has plateaud. Since, I am biased,...I do not think so. Therefore I would not write the calls. I mean you could write Sept 100 calls and recieve the extra 5 bucks, but if you plan to keep this stock for the longer term, there is no justification. cheers charliex p.s. keep your eyes open for some good news=;) I think 110 is possible in the near term (i.e. 3 weeks)