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Technology Stocks : Pomeroy Computer Resources -- Ignore unavailable to you. Want to Upgrade?

To: Jim Babcock who wrote (147)	3/1/1998 4:24:00 PM
From: Christopher Brainard	Read Replies (1) \| Respond to of 181

Hi Jim, Looked into PMRY call options a few months ago but thought the premiums were too high. Your selling of put options sounds interesting. The stock seem pretty strong, but the market is heading into a potential troubling time in March where pre earnings announcements might set things tumbling again at anytime. My timing has never been that good for three week positions. I have been quite successful in six month out, in the money options, for PLAB last year and currently FSII. Good luck with your adventure. Chris ...

To: Jim Babcock who wrote (147)	3/5/1998 10:14:00 PM
From: JR2	Read Replies (1) \| Respond to of 181

Yes ME!! I've been writing the rich premiums for the last couple of months and getting away with covering cheaply at the last minute. This time like you, I have the Mar 22.5s written with only 1 and a steenth...This puppy is on it's way to 26 and I will lose the stock, but will remain happy with nice gain, and someone else making a few bucks. If you want to see NICE premiums look at GSTRF options, I wrote MAR 70s for 1 and high change with the stock at 67.5 and 2 weeks to go! Free Lunch? Regards, JASON GSTRF: Globalstar {might be bad symbol}