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To: Merlo who wrote (30757)8/10/1998 11:02:00 PM
From: SecularBull  Read Replies (2) | Respond to of 97611
 
Merlo, as you said: every call writer should be prepared to be called their stock or buy the call back if the stock price rises

Exactly my point! Why would Goldman upgrade the stock and then sell covered calls that will (almost) certainly get called? Unless, they wanted to get called, after running the price up on their upgrade....

This is very disturbing!

Regards,

LoD