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Technology Stocks : VerticalNet, Inc. [VERT] -- Ignore unavailable to you. Want to Upgrade?

To: Murrey Walker who wrote (715)	2/1/2000 3:03:00 PM
From: craig crawford	Read Replies (2) \| Respond to of 1094

I think (0.36) last time I checked. VERT is probably going to do very well after this report because I wrote some Feb 250's for 21 1/2. (A few minutes later I could have gotten 29 but oh well). The few times I've written covered calls on VERT it's scooted higher and I've had to eat some points. I did pocket 20 1/2 points in the last week or so writing calls so I have collected 42 points. My gains are capped out at 292. Let's see if a stock split can send this stock to new highs. I won't feel too bad if it hits 292 because the 250's will be 42 points in the money and I will probably be able to buy them back for only 5-10 points above their intrinsic value should I want to participate in anymore upside.