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To: pinhi who wrote (6220)3/6/2000 12:19:00 PM
From: Neal davidson  Respond to of 35685
 
Pinhi: Congrats on your ELON trade. This morning I sold calls on my entire ELON position. I sold the March 100's for 6 1/4. If I get called away, I will make 20% in less than two weeks.

p.s. Thanks V. I share your excitement at the premiums on the ELON calls, although I kept the common, as I do not see ELON dropping as much as you do.



To: pinhi who wrote (6220)3/6/2000 12:26:00 PM
From: Voltaire  Read Replies (2) | Respond to of 35685
 
Hi pinhi,

I always buy at the market. I am not interested in the last cent, remember we are into stress reduction, income and cash flow.

The stock is your vehicle and it is your cash machine and you keep writing them.

V


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