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To: Alan Gallaspy who wrote (2773)4/19/2000 9:13:00 PM
From: John Stewart  Respond to of 3661
 
Alan;

I had, in fact, bough back just about all of my covered calls, except 15 July 45's. Netted about $35K. They wanted too much to by them back. I got the ones I had in my regular account back at 2 3/4 :') I had also sold all expect 2500 shares at the recent peaks (avg of about 41). I bought back 4000 shares at an avg of 33 over the past week. Over the last few days I had been trying to make a much larger buy, but I refused to chase it. Spent the $ on BMY late today at <50 after it's 15 point correction.

Best Regards,
John Stewart



To: Alan Gallaspy who wrote (2773)4/19/2000 9:25:00 PM
From: John Stewart  Read Replies (1) | Respond to of 3661
 
Was on the CC today, a couple of interesting facts:

- BTB was 1.35

- MTSN has been declared #1 in strip by Dataquest
MTSN share was 27.8% in 1999, GSNX was 22.9%
(as I noted back in August, they killing the Gashouse)

- I was not impressed with how they handled the analysts on GM questions.

- They now have >$6.50/share in cash.

Best Regards,
John Stewart