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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study! -- Ignore unavailable to you. Want to Upgrade?

To: Dr. No who wrote (8054)	8/3/1998 2:10:00 PM
From: FlyersFan	Read Replies (3) \| Respond to of 14162

does anyone know of any good candidates to write cc's against... in the $10 range???? Thanks for the help!!

To: Dr. No who wrote (8054)	8/3/1998 7:45:00 PM
From: Herm	Respond to of 14162

Wow Dr. No! This stock is not making any profits! Not a good idea owning a speculative stock in your serious money like an IRA. The options open interest is not great and if WSTL falls below the $5.00 range it can no longer be margined. Short interest is way up there! This company needs a miracle. Too late for PUTs since the stock is at an all time low. I went back 5 years and this is the basement for WSTL. You did not indicate what your net cost basis is. Hummm, I'm not thrilled about this one! WOW! You might be better off eating the lost and moving on to a better stock with some upside potential. bigcharts.com P/E VALUE NASDAQ: (WSTL : $7 1/4) $224 million Market Cap at August 3, 1998 Loss Expected for 1998; Communications Equipment SubIndustry priced at 21.8X PE INSIDER TRADING Grab those parachutes! biz.yahoo.com SHORT INTEREST Month Shares Shorted Avg Daily Volume Ratio* Remark 07/98 1,687,050 153,988 10.96 days WOW! 06/98 1,656,758 302,413 5.48 05/98 1,941,829 224,892 8.63 04/98 2,162,699 277,015 7.81