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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: Bob Smith who wrote (8065)8/3/1998 8:04:00 PM
From: Herm  Read Replies (2) | Respond to of 14162
 
Up, Up, and away for XYLAN!

bigcharts.com

How Do You Spell Timber? Simple! T L A B

Mergers mean cost and TLAB is pretty rich in the P/E. The chart
indicates TLAB may decend to $60!

NASDAQ: (TLAB : $75 5/16) $13,667 million Market Cap at August 3,
1998 Trades at a 86% Premium PE Multiple of 40.7 X, vs. the 21.8 X
average multiple at which the Communications Equipment SubIndustry is
priced.

bigcharts.com

The TLAB 60s Sept. PUTs @ 7/16 look real nice! LOAD UP! If the street
liked the news about the merger it would be taking off right now!
Look at that short interest! This stock is sinking from that
liquidity.

Man, you guys are finding some good PUT action! I may have to buy
some this myself! Thanks!

Month Shares Short Avg Daily Volume Ratio* Remark
07/98 25,929,757 2,503,644 10.36 WOW!
06/98 18,363,787 2,859,313 6.42
05/98 13,080,525 1,605,583 8.15
04/98 12,745,065 2,004,115 6.36