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To: KM who wrote (10151)12/23/1999 8:43:00 PM
From: BubbaFred  Respond to of 13953
 
I am long SCH and EGRP, and short QGRMX, QGRME, and SCHMF for nice additional pickups if called. Otherwise keep the premiums. Am looking for 40 to 60% upmoves from today's levels on these two, starting late next week and into February. IMO, the selling pressure in last few weeks was for tax loss selling. Afterall, both are more than 50% off their yearly highs.



To: KM who wrote (10151)12/24/1999 10:18:00 AM
From: Brian Malloy  Respond to of 13953
 
I picked up EGRP Feb30 calls Friday and would agree.