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To: Alski who wrote (10542)11/11/1999 11:09:00 AM
From: Thean  Read Replies (1) | Respond to of 14427
 
JHR,
If you have the stock and don't mind getting rid of it, how about writing Nov 20 first. I think it will continue to move on up after a consolidation period of 1-2 weeks in between 17 - 20 so Dec 20 has a good chance of being called away.

On the other hand, if you don't have the stock and want the juicy premium, sell Dec 20 put instead.

But then, remember the lesson on MERQ at $40. MERQ is now > $90 after just a few months. I see similar potential for GNSS.



To: Alski who wrote (10542)11/11/1999 2:29:00 PM
From: Bob Kim  Respond to of 14427
 
D'y'all suppose Merrill Lynch could be responsible for MTSN's move too?

Back in June, the ML analyst said that MTSN and LRCX were among the stocks to avoid. The analyst doesn't follow MTSN.



To: Alski who wrote (10542)11/11/1999 5:25:00 PM
From: SJS  Respond to of 14427
 
Absolutely, Alski. Trickle down which corroborates and supports their recent good earnings.

Results?

The stock has room to move up. Good volume today, too. Refreshing change. The lot I bought today on the dip coupled with the lot I bought at 13 3/8 should allow me to have a good base to see it go to 17+ in the ST (by year end)...