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Technology Stocks : Nimbus CD International -- Ignore unavailable to you. Want to Upgrade?

To: Jim Fraser who wrote (1462)	3/27/1998 8:02:00 PM
From: Carmine Cammarosano	Respond to of 1673

Jim, it's not that I am negative on NMBS...I own almost 3000 shares...A few months ago, I sold covered calls for $1.5 and bought them back one week ago for $0.5...I just think that NMBS is in a trading range $10 to $12 The stock is boring and I have been playing it that way for a while...next time it gets to $12, you can be sure I will be selling covered calls.Can it go to $9.5 or $12.5, sure!...I have made good money trading NMBS this way...I suspect NMBS has not figured out a way of making good money on DVDs, if they had Wall Street would be rewarding them...when they do, I will not be selling covered calls anymore!