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Technology Stocks : LSI Corporation -- Ignore unavailable to you. Want to Upgrade?

To: Duane L. Olson who wrote (8952)	1/13/1998 4:15:00 PM
From: Mark The Trader	Read Replies (1) \| Respond to of 25814

Because of compliance bullshit at work I cant post what stocks I own , but I will let you guess as to one that I do have :-] I like covered calls now becuase I dont think you will see a big upside move or a major(note I said major) selloff in the comming 3 months for the battered techs. The the option write is kind of a safety net for me , it gives me income and protects a bit from the downside. If the stocks stay in a tight range I should do well if they break out I still make money just not as much ,if they go down I still have the option premium. Mark