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To: Sig who wrote (13114)6/16/2004 1:48:21 PM
From: im a survivor  Respond to of 13815
 
<<have been selling CC's for years and making a fortune>>

I've been playing CC's for years....during the bull, we would get so much volatility you could write some CC's and buy them back the same day for 1/10th what you paid.....over and over and over.....during the bear, CC's at least made you some money while you were holding long positions....I was writing next month calls and did this almost every month for 2 years...can't say I made a fortune, but yes, you can make extra money on the stocks you already hold, can trade the calls as well, and at least hedge yourself a little bit in a down market. I have a few stocks down maybe 40% or so, but in looking at the premiums collected by writing CC's on most, I may not even be down at all, or if I am, I am not down the 40% it shows on paper, due to collecting premiums on a monthly basis for 2 years......I think CC writing is a must for any investor....can be played so many ways.....JMOOC



To: Sig who wrote (13114)6/16/2004 1:50:43 PM
From: im a survivor  Read Replies (1) | Respond to of 13815
 
AirTran Airways Soars With Broadwing Communications
Wednesday June 16, 8:59 am ET
Award-Winning IP Backbone Enables On-Line Reservations and Check-In for Airline
AUSTIN, Texas--(BUSINESS WIRE)--June 16, 2004--Broadwing Communications, LLC, a consolidated subsidiary of Corvis Corporation (Nasdaq:CORV - News), today announced that it has signed an agreement to provide communications services to AirTran Airways, a subsidiary of AirTran Holdings, Inc. (NYSE:AAI - News) and one of America's largest low-fare airlines.
Under terms of the five-year contract, AirTran Airways will be utilizing Broadwing's award-winning IP backbone and all-optical network for connectivity for their on-line airline reservations, on-line check-in, and Internet connectivity. In addition, AirTran Airways will be using Broadwing's ATM and Frame Relay networks to transport data from their headquarters in Atlanta to their hub locations across the United States.

"Broadwing's quick provisioning time, excellent customer service, cost-effective solutions and network performance were winning factors in our decision to work with Broadwing," said Rocky B. Wiggins, vice president and CIO at AirTran Airways. "Knowing that Broadwing's network has been specifically tailored to provide low latency connectivity for Internet-based applications gives us confidence that our customers will have a positive on-line experience, whenever and wherever they want to make travel plans."

"We look forward to supporting AirTran Airways with state-of-the-art services as they continue to expand their business," said Richard Putt, president of National Accounts at Broadwing. "Our one-of-a-kind all-optical network architecture is uniquely suited for on-line applications such as travel planning, financial transactions, shopping and gaming which require assured reliability and completion of transactions."

AirTran Airways is one of America's largest low-fare airlines -- employing more than 5,600 professional crew members and operating over 500 flights a day to 45 destinations. The airline's hub is at Hartsfield-Jackson Atlanta International Airport, the world's busiest airport by passenger volume, where it is the second-largest carrier operating 197 flights per day. AirTran Airways is the world's largest operator of the Boeing 717 and has the youngest all-Boeing fleet of any airline.



To: Sig who wrote (13114)6/16/2004 3:43:47 PM
From: Paul Senior  Read Replies (2) | Respond to of 13815
 
Sig, I try to build up positions over time. And within a sector that's downtrodden or of interest to me, I find that it's very difficult for me to pick "the best" stock in that sector. So I'll buy several stocks within a sector. For example, in the oil sector, I bought three of the large integrated oil companies, several foreign companies, about ten small exploration companies, three tanker companies, four small refiners. One could say that this diversity is a substitute for knowledge and is bound to result in mediocre returns. I argue that it's pretty difficult to gain significant knowledge about some of these businesses unless you're an insider, and that when/if a sector improves, mediocre results are quite good enough.

As regards slot game stocks, a sector in which we both have an interest, the sector's not be down for as long as I can remember, but individual stocks have had some ups and downs. This has enabled accumulation of shares of IGT, WMS, MGAM at favorable prices for the buy-and-hold investor. I am hoping to be able to say in future that buying AGI now was buying at a favorable price too.