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Technology Stocks : ELECTROGLAS -- How far can it go? -- Ignore unavailable to you. Want to Upgrade?

To: Proud_Infidel who wrote (756)	2/16/2000 2:49:00 PM
From: Jerome	Read Replies (1) \| Respond to of 1070

EGLS is showing a nice steady creep up. On about Tuesday when the BTB comes out, we will have a clearer picture of the orders for the back end companies vs the front end companies. Depending how EGLS responds at that time I will be writing covered calls on the March 40's or 45's. Its been a fantastic run for the past 60 days and I feel that a short breather is in order before earnings come out. EGLS through appreciation has become the third largest position in my portfolio and covered calls are a better option than selling out. Jerome