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Technology Stocks : Winstar Comm. (WCII) -- Ignore unavailable to you. Want to Upgrade?


To: DavesM who wrote (8171)9/4/1998 7:11:00 PM
From: Jason Cogan  Respond to of 12468
 
DavesM:

<<
You emphasize being a conservative investor. Conservative investors sell naked calls?>>

I am conservative in how I look at companies, not necessarily in the securities I buy or short. I'll sell anything that I believe is grossly overvalued, particularly high volatility out of the money calls on severely negative EBITDA companies.

I manage for an overall portfolio. Usually I try to package short calls against long positions in undervalued franchises, and often short out of the money puts on securities below fair value. In other words, the true definition of a hedge fund.

<<WCII is a utility company not a software company. >> I'm not sure I get your point about revenues. Could you state your point again?

Thanks,
JC