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Non-Tech : Tyco International Limited (TYC) -- Ignore unavailable to you. Want to Upgrade?


To: Richard James who wrote (1733)3/1/2000 7:50:00 PM
From: Clay Takaya  Read Replies (2) | Respond to of 3770
 
Richard,

Normally selling covered calls when a stock is stuck in a range is a pretty good move. In this case, however, aren't you worried that the SEC will make its decision before then? If it clears TYC (or slaps its hand a little) this will give TYC an opportunity to spin positive vibes to the public along with every analyst covering the stock (almost all at "strong buy").

April seems a long way off at this point.

Clay