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Technology Stocks : PictureTel (PCTL) -- Ignore unavailable to you. Want to Upgrade?


To: Tech Bull who wrote (911)8/23/2000 12:39:14 PM
From: Trebor  Respond to of 920
 
Tech Bull:
I've just started following PCTL because it was recommended by the Option Investor newsletter as a good covered call play right now. If a guy buys PCTL at $5.56 and sells Oct. $5 calls at $1.87 to $2, that's a 21% return for a two month investment, assuming PCTL is still above $5 on Oct. 21. Would appreciate any comments on PCTL's odds of staying above the magic $5 level.
Thanks.