Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : IFMX - Investment Discussion -- Ignore unavailable to you. Want to Upgrade?

To: Robert Graham who wrote (11070)	6/17/1998 5:27:00 PM
From: RDH	Read Replies (3) \| Respond to of 14631

Bob, Congratulations on your continuing success at covered call writing. At what price did you buy back your strike price 5 calls? I should have written 5 calls like you, but I wrote 7 1/2 (expiring this Friday). It looks like that will turn out okay for me (better than your average quarterly dividend). I may buy them back tomorrow for next to nothing or let them expire worthless if Informix stays under 7 1/2. I do not believe I will be writing any more 7 1/2 calls, I may write strike price 10 calls in the right situation. With Oracle's positive earnings out this afternoon, I believe that some Wall Street Analysts will begin to get more bullish on databases. I know one analyst was only expecting 10 to 12% revenue growth in the database area for Oracle this quarter over last year. So the 17% revenue growth looks good, especially in the light of Asian problems. Both Oracle and Informix have been managing the money owed to them by customers rather well (Oracle's A/R assets as a percentage of revenue are down significantly, IMO) Will Oracle or MSFT crush little IFMX? I don't think so -- we should see more and more database growth for IFMX, ORCL, IBM and MSFT. I think we may see analysts begin to realize that database growth is continuing, that we have only begun to enter the Information/Knowledge age, that commerce thru the internet has only begun and that databases will need to be there to store transactions and hold information for Knowledge Discovery. - RDH.