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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: McNabb Brothers who wrote (9701)	6/7/1998 11:39:00 PM
From: Roger A. Babb	Read Replies (2) \| Respond to of 18691

To All: I have moved my investment web page link to techstocks.com which is on SI. Let me know what you think of it by replying on this thread. Also note that PLSIA has been trashed. I don't know much about it, but shorted a small position some time back just out of sympathy for them trying to attack an SI member through Westergaard. Companies that resort to such tactics are often hiding something.

To: McNabb Brothers who wrote (9701)	6/8/1998 1:37:00 AM
From: Gary Korn	Read Replies (2) \| Respond to of 18691

Hank, I fully agree with your view about taking in option premiums (rather than paying them out). If it is true that 80 percent of options expire worthless (both calls and puts), then surely it is best to be the writer of those options rather than the buyer. I don't understand why more people don't write options (both puts and calls), but perhaps it is best that they don't (else the premiums might diminish). Gary Korn

To: McNabb Brothers who wrote (9701)	6/8/1998 11:09:00 PM
From: ref	Read Replies (1) \| Respond to of 18691

Hank- Thanks for your explanation regarding a preference for selling naked calls over buying puts. I can understand the affection for depositing the proceeds of the call sales, as opposed to shelling out for the puts, but I guess this has to be balanced against having to deliver the shares when the share price goes against you, no? I guess it has to do with one's comfort level with risk. Thanks again - you have been generous once again with another novice. Dick