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Technology Stocks : Pomeroy Computer Resources -- Ignore unavailable to you. Want to Upgrade?

To: mark bailey who wrote (162)	8/18/1998 3:32:00 PM
From: Christopher Brainard	Read Replies (1) \| Respond to of 181

Mark, You still have to be impressed with the 20% current growth rate for the company. I just can not resist the stock valuation at this point. Problem is I am short of cash. So I am using call options to take advantage of the current bargain prices. The $15 Jan-99 calls are going for $4. This has only a 11% premium and allows me to ride the stock for the next 5 months. In January, if the stock is doing well, I can exercise the option at that point. I also purchased some Jan-99 $17« calls a few days ago. Six months from now we should again be very happy with our PMRY investment. Chris ....