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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: dmd who wrote (9390)	1/8/1999 9:12:00 AM
From: Herm	Read Replies (1) \| Respond to of 14162

AAPL AAPL has continued to raise along with the other computer companies. AAPL has a 19% growth rate and is selling at a discount. It continues to cut loses and there is no reason to believe that will not continue. Steve Jobs, CEO is sharp enough to know if your numbers are going to fall short, get the news out of the way fast. So, if you say earnings report card time is due out soon and no warning has been made, then the AAPL may have a little bit more steam left. iqc.com NASDAQ: (AAPL : $45) $5,760 million Market Cap at January 7, 1999 Ranks 139th in the Fortune 500 on Revenue & 100th on Profit. Employs 12,150. Trades at a 48% Discount PE Multiple of 18.4 X, vs. the 35.6 X average multiple at which the Computers SubIndustry is priced. Computers SubIndustry up .71% / Technology Industry up 1.13% Today The upper BB has been tagged but RSI is still low. Both BB bands are slanted upwards and volume has been solid. Higher prices should prevail before the retreat. $50 may not be impossible for AAPL. Take some off the table and let the rest ride Paolo!

To: dmd who wrote (9390)	1/8/1999 6:51:00 PM
From: Charles Growdon	Respond to of 14162

hello Paolo-- Just a quick note re AAPL: you actually have a number of strategies to pursue. One which I find attractive which would be to "roll up" some of your profits. Sell the lower strike price calls; if you think there is still an up side move, take a portion of your profit to buy some at-the-money or even out-of-the-money calls. If you are wrong and the stock retreats, you are not risking the bulk of your gain, but you still have a participation if the stock has a strong advance. Note we have not discussed expiration dates for calls you own or for calls that might be bought.... Anyway, congrats on having a winner here! chuck