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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?


To: Pruguy who wrote (50535)3/1/1999 9:00:00 PM
From: Key West  Respond to of 97611
 
No, not for the commission. Writers are willing to cap their upside in exchange for lowering their acquisition cost by $5 1/2. What's wrong with 11% for 2 months? Even if it doesn't "rocket" , client would rather own Dell at $76 than $80. Writing appeals to a specific profile of investor, it's not for everyone.
No question if you think any stock is going to "rocket" you're better off with straight stock or even long calls.

Gene Piccoli