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

To: Still Rolling who wrote (29431)	7/17/1998 4:14:00 PM
From: isdsms	Read Replies (1) \| Respond to of 97611

Well, cpq finished a strong week ignoring pressure to close at 30. I will lose a few shares that I will pick up again at (hopefully) lower prices next week. We have to have at least a one day correction soon. 33 would be a break even price for me. This has turned out to be my worst month in writing covered calls. I am losing msft at 105, intc at 80 and would have lost dell at 100 if I had not rolled it over to Aug 110s(drawing out the agony). I will probably be ok with cpq and intc, but nothing will ease the pain of msft and ultimately dell. Ira