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To: dangergirl who wrote (9399)	3/27/2000 7:35:00 PM
From: bobkansas	Read Replies (4) \| Respond to of 35685

Hi dangergirl, I did my first covered call this morning on NTAP for a 10 % prem. Will be writing more this week and next for me (and wife), as well as my mother. I manage my mom's IRA and I told Sunday that her 300 k IRA could make her 30 k a month. She laughed at me without hesitation. Said such is not possible and is dream world. I start some stock purchases tomorrow and will write some cc's on Friday for her. I cannot wait to see her face in late April when I give her a big check to spend on whatever she wants. Best regards, Bob P.S. I also cannot wait to see the worry in my own face go away soon!

To: dangergirl who wrote (9399)	3/27/2000 7:41:00 PM
From: Clappy	Read Replies (1) \| Respond to of 35685

DancerGirl, How are the horses? Good luck with the options. I'm still waiting for my approval from Fidelity. I guess I should have added that Voltaire was teaching me the good stuff. Perhaps they would have fast-forwarded it... -MisterEd'sVoiceEnabledInternetServiceProvider

To: dangergirl who wrote (9399)	3/28/2000 7:20:00 AM
From: im a survivor	Read Replies (2) \| Respond to of 35685

<<! HaHa! KG4-- I like your suggestions about iarc. Maybe I`ll try it.>> Well, in my case IARC is a great play. As Tom says, only play the cc game with stocks you wouldnt mind owning if need be for a little while. Well, I have alot of IARC, and certainly wont mind some more if that's what happens. How can I pass up 20% UPFRONT, on a stock I will gladly keep if it doesnt get called. Persnally, I think IARC is much, much, much higher at the end of the year, but what it does and how it gets there is something I cannot predict. With this in mind, and with them being so generous with the premiums, I just think this is a great play. If you dont like the company, or it's prospects, I would recommend something else. The May 30's kind of intrigue me. I know that status quo here is to keep the marriage short term. Write atm's for the current expiration month. However for me...I have a large core position. I wouldn't mind makiing some extra bucks on it...if some of it gets called, so be it, as long as it's at a nice price. So I was thinking...maybe take Half my core in IARC and write the May 30's. I can collect 15% upfront, and in 7 weeks, if the stock has not been called, I am thrilled and have made some extra bucks on a stock that would otherwise just be sitting in the portfolio minding it's own business, if it gets called, well, I still have plenty of shares left and I increased my 7 week return from 15% to 55%. Good Luck, and regardless, I am with Cosmo Daisy...I will keep buying IARC whether it is up or down, as long as the accompanying CC's are paying such a nice premium for april expiration.