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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: Herm who wrote (12012)	12/6/1999 9:43:00 PM
From: mc	Respond to of 14162

Thanks, Herm. I wish I'd have thought about the DIS purchase a bit more before I jumped in. I think your move with the leaps will work better than my stock entry. However, there is an annual dividend coming up in a couple of weeks, so there is some perk. Take care, mc

To: Herm who wrote (12012)	12/7/1999 8:47:00 PM
From: virgil vancleave	Read Replies (1) \| Respond to of 14162

Just thought I would update my picks. I traded in and out of nmgc, and never did sell any calls for a nice 1 1/4 profit for 8 days. My re-enry point is just above 9. I did sell some feb 7 1/2 calls on blpg for 3/4. I feel that I will most likely get called, but I am hoping the tax loss selling continues and I can buy them back and resell, or some of the time value erodes and I can buy back. The fundamentals are just too good for me not to like this one. It is undervalued, large insider buys recently, and out of favor and now trades quite thinly, as you stated. I found a couple of other undervalued plays that I like, but have no position in. First is cure. Insider buying, beaten down from much higher levels, has over $4 per share in cash, has a nice base around 5, low p/e, and no debt. The selloff seems way overdone to me. Volume has been increasing and stock is around 6 1/2 to 7 now. I am also looking at pdx. It is beaten way down, has a p/e of 4, no debt, but a low cash position. Stock has been forming a base since october and company is still profitable. My entry points for the above based on the charts.... for cure, I like 6 to 6 1/4, and for pdx, I would buy at 7 to 7.5, which is about where it is. Note the extremely large short position on pdx. Over 5 million shares and stock only has a float of about 5 million. Once it starts a rise, it will move quick, and give us covered caller guys an excellent chane to apply wins. Tell me what you think.. Thanks congrats to the cygn owners. I traded in and out of it last week for a 10 percent profit, but was too chicken to hold for the news. My family and my wifes family will both welcome the new technology since both her parents are diabetic and my dad and two sisters are also.