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Technology Stocks : TAVA Technologies (TAVA-NASDAQ) -- Ignore unavailable to you. Want to Upgrade?

To: Tim J. Flick who wrote (30104)	4/6/1999 11:04:00 PM
From: Karl Drobnic	Respond to of 31646

While it is painful to see TAVA once more at these depressed price levels, there is opportunity here in writing covered calls. Last October, at similar levels, I bought a new position at roughly 500 shares per day and wrote covered calls on it, primarily the May '99 series, but also writing some Novs., Decs., and Febs. The position has been a handsome money maker, and now offers me the opportunity to buy back the Mays at a substantial profit and roll to the Augs. and Novs. Few stocks offer the rich call premiums that TAVA does - if you are a call writer, the rewards are substantial. TAVA is now repeating the opportunity to establish buy-writes it presented last October. It is worth examining the possibilities - and being hedged with buy-writes considerably eases the pain.