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To: marginmike who wrote (9379)3/27/2000 11:55:00 AM
From: im a survivor  Read Replies (1) | Respond to of 35685
 
<<Because Iarc has $80 potential. I always think CC are better on more mature companies that will most lickly not run away from you.
>>

$hit Mike, lets be real honest here. IARC has $80 potential, just for this year....heck, their long term potential is far greater. However, as I explained earlier, I am incorporating a two tier strategy. 1) My long term core holding ( IARC is in there ) and 2) Using stocks as a vehicle to earn monthly income writing CC's.

So on one hand I have a bunch of IARC sitting long for the long haul...on the other hand, I have a bunch of shares that are nothing more then a vehicle paying a good premium. Just because it has $80 potential means nothing in this scenario....my goal is the premium, and IARC was paying a 20% premium which is far, far better then most other stuff I looked at.

Best, Keith