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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: freeus who wrote (9172)	10/29/1999 4:56:00 PM
From: Chadick	Read Replies (2) \| Respond to of 54805

David Takata, Technology analyst at Gruntal & Company, was live on Channel 22 Business, Los Angeles. He was just asked at 1:29 PM, "What is your number 1 pick?" His answer was JDSU. I have seen him all year recommending Uniphase. He said there is more future demand for JDSU products then for Microsoft chips. Phone networks were required to handle a 7% a year increase in voice traffic. The amount of data traffic is doubling every quarter. Fred

To: freeus who wrote (9172)	10/29/1999 5:42:00 PM
From: Dr. Id	Read Replies (3) \| Respond to of 54805

Re: Puts. I've recently been using the strategy of selling puts on Gorilla companies. My reasoning is this: If the stock appreciates, I keep the premium and sell more puts the next month. At the point that the stock is finally put to me, I own a gorilla company at a reduced price. So, the only downside is that I get the stock (which I eventually want to own anyway). I've been doing this with Gemstar for the past month, and have sold Oct 65's and 75's (which expired worthless) and Oct 90's (which were put to me). My cost with the put premiums that I collected ended up being about $69/share. I guess the big downside of this strategy is that the stock plummets and I buy it at a higher price (though the same risk exists if I buy the stock outright). I've also been doing this on QCOM the past few months and collecting put premiums (the damned stock keeps rising and I don't get it put to me! And I want more...)! Any thoughts on this strategy? Am I missing something? (I'm very new to this...I've sold covered calls for a few years, but just recently started doing this...) Jeff