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To: Percival 917 who wrote (9160)	3/25/2000 1:45:00 AM
From: elpolvo	Read Replies (1) \| Respond to of 35685

joel- not only are you funnie, you are very wise... and i suspect there are people who would say you are good looking... hahaha. <teasing> thanks for repeating very good advice. love, polvie

To: Percival 917 who wrote (9160)	3/25/2000 10:36:00 AM
From: im a survivor	Read Replies (1) \| Respond to of 35685

<<. If your stock gets called away, buy another and write calls on it. To me that is easier than going to additional lengths just to keep the stock.>> Yes, and that is exactly my view on the stocks I buy simply to write CC's on. My strategy is twofold however. I have a core position of long term holdings, I have held for awhile and will continue to hold. My desire here is to use options as a hedge/protection method, while not losing my shares. QCOM is one I do not want to lose....no reason to pay uncle sam so much CG tax, on a stock I would like to hold for the forseeable future. But yes, you are correct on the other front.....stocks I am using as a vehicle, I will let get called and continue to buy stocks giving a good premium and write the cc's. Keith