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Non-Tech : Dorsey Wright & Associates. Point and Figure -- Ignore unavailable to you. Want to Upgrade?


To: Rich1 who wrote (4018)1/2/2000 9:21:00 AM
From: Jerry Olson  Read Replies (1) | Respond to of 9427
 
Rich1..

yes your right of course...this stock is one of the best buy/writes you'll ever see...

example would be to buy the stock say 1000 shares..invest $65,000, then write the Jan 75 calls 10 contracts for $7.00 take in $7000.00 or about 11% for 3 weeks..then do it again in Feb, if the stock isn't taken from you...

and if it is??? you just made $17,000 on your $65,000 investment in 3 weeks???? not to shabby huh??<VBG>...