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To: Rarebird who wrote (81680)12/30/1999 12:53:00 PM
From: Ken98  Respond to of 86076
 
Exactly, a lot of these guys traded out of AOL and DELL earlier this year to get into YHOO,RHAT and QCOM type stocks that were "moving". Now all of a sudden they are sitting on large gains they are itching to take but don't want to pay the tax man. And as to options to protect their gains - they don't have clue what a covered call is.



To: Rarebird who wrote (81680)12/30/1999 12:56:00 PM
From: pater tenebrarum  Read Replies (3) | Respond to of 86076
 
you mean my rather disparaging comments amount to an overestimation of the investing public's intelligence? good grief...


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