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To: AllansAlias who wrote (13275)8/23/2000 4:08:09 PM
From: chic_hearne  Read Replies (1) | Respond to of 436258
 
All tha matters is we have a TL that goes back quite a ways that has been tested before and is not being broken on volume

Well, it just broke. I tried pulling my sells, but a few of them got hit. I have about 1/4 covered, hoping for a better price tommorrow or the next day for the rest.

We leave the reasons to you FA guys. -g

I'm not buying this stock for the "fundamentals". A $12 billion company with about $100 million in annual revenue screams overvalued. I'm buying it because I don't think it will go down and in the mean time I'll be happy taking 5-10% a month in covered calls. Their products are good, they are now profitable, I think the street likes the story.