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Strategies & Market Trends : The Covered Calls for Dummies Thread -- Ignore unavailable to you. Want to Upgrade?

To: jhs565 who wrote (3519)	3/15/2002 1:32:44 PM
From: Victoria Walley	Respond to of 5205

Good premiums, but high risk. I don't know anything about LWIN but wireless is yesterday's news. The chart looks horrible. Not saying you can't make money on those kind of plays but why take on all that risk? No telling when that industry will bottom/turn around. Negative earnings, no dividend, what's to like? There are plenty of companies that still have strong earnings with good revenue growth, pay dividends (not a requirement, just frosting on the cake) and have decent CC premiums. No need to get greedy here, I've had my head handed to me on a plate enough times to cure me of that!! Vicki