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To: Dutch who wrote (3666)	2/13/2000 7:39:00 PM
From: jmac	Respond to of 35685

No cc on CREE here. Too much upside potential right now. No cc on QCOM right now either. I did sell Jan '00 series in December but I wouldn't sell cc right before an analyst meeting. Too much upside potential. Will look to sell cc (Mar or Apr series) if we get a 20-30 pt run up as a result of anticipation of the analyst meeting or the analyst meeting. If no run-up, then I won't write cc as I believe 128-132 should hold and an upside move could come at any time. Although, I agree with Volt, if your holding an awful lot of QCOM stock, then writing cc as a way of producing income isn't a bad idea.