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Strategies & Market Trends : Phil & Patrick's Picks -- Ignore unavailable to you. Want to Upgrade?

To: Patrick Hebert who wrote (968)	12/22/1997 1:44:00 PM
From: PHIL K.	Read Replies (1) \| Respond to of 1020

Patrick, In ref. to selling calls against DELL stock.. You would probably sell them at a higher strike price since you are more concerned about DELL getting away from you than I am.. You would probably sell the Jan 90 or 95 calls when DELL hits 90 or so..Less premium than the 80's or 85's BUT higher exercise price for you on DELL stock..This would be extra income on stock you hold over the long run.. My Objective is different than yours..I want short term gains You want Long term gains...IRA........ Talk to you soon Phil K. PS Do you realize that we have never talked on the phone......EVERRRRR.....We should talk on the phone before XMAS.... It would be nice to hear a voice behind the Keyboard<g>