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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Alias Shrugged who wrote (81245)5/28/2000 6:20:00 PM
From: Knighty Tin  Read Replies (1) | Respond to of 132070
 
Mike, ASA is just down with the gold industry. I love the stock at these levels. The buy writes are not all that wonderful here as the premiums are not terrific. However, I could stand to write the 17 1/2s of Jan 2002 on ASA at 2 1/8 with the stock at 15. If it is called away in a bit less than two years, you make 34% plus what is likely to be a load of dividends. True, that is no internut IPO, but, then, internut IPOs are not what they used to be.