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

To: rupert1 who wrote (61554)5/18/1999 11:43:00 AM
From: Elwood P. Dowd  Read Replies (1) | Respond to of 97611
 
victor... 39 would give CPQ a 50% gain over just a little more than 7 months and that would be darned good! To think that it would more than double(55)in that time is not reasonable. To think that it would nearly quadruple(99)in that time is pure fantasy! Anyone in his right mind would hold or buy CPQ if he thought it would advance from 26 to 39 in 7 months. El



To: rupert1 who wrote (61554)5/18/1999 11:49:00 AM
From: isdsms  Respond to of 97611
 
Victor,
This morning I was thinking of writing January 40s if I could get 1 1/2. Bid was 1 5/16 ask 1 9/16. Whenever I write covered calls, I assume I will lose the stock. From current level that would be a 50% six month return plus $1.50 per share.

39 would be great!


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