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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: Uncle Frank who wrote (22970)	2/22/1999 3:02:00 PM
From: jach	Read Replies (1) \| Respond to of 77397

Really strong but came in a little late, hope you got good premiums.

To: Uncle Frank who wrote (22970)	2/26/1999 10:09:00 AM
From: jach	Respond to of 77397

good move on your covered calls for both csco and dell. That's one way of making it for not listening to the small bunch of everlastingly bullish few csco posters here. As there are three more weeks to go, if making out good already will not be too bad to pocket some profits if the options are near term like Mar. imo only. Another suggestion if you haven;t tried yet is to do go long half on share with at the money covered calls (2 to 3 montsh out), and at the same time the same half of short put options at the money for the same number of months. By picking a good underlying stock, one should be able to make around 10% to 20% in two to three months in an up mkt; and will significantly reduce the loss in down mkt. Another imo only.