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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Jenna who wrote (13642)	8/31/1998 1:38:00 PM
From: Prince	Read Replies (1) \| Respond to of 120523

Jenna, Do you think that SHORTs would cover some of the bigger gainers today, like ELNK, resulting in maybe a move upwards in some of these stock near the end of the day? I'm just wondering...

To: Jenna who wrote (13642)	8/31/1998 2:07:00 PM
From: Jeff Sutton	Read Replies (1) \| Respond to of 120523

Covered calls for cowards. Maybe this won't get you the big bucks, but there are any number of stocks for which you could buy the common and sell the Sep calls for a relatively safe 20-25% return in a few weeks. If the stocks continue to go down, you've got a bit of downside protection. Thoughts?