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Alias Born 02/06/2001

Re: A deleted message

Monday, 02/19/2001 10:12:58 AM

Monday, February 19, 2001 10:12:58 AM

Post# of 446
Hi Lily - re: your query on margin call & your covered call strategy - here is my 2cents worth. I will sell the stock - not cover via covered calls. With the cc , you are just prolonging what could be a more severe disaster. If the market still is on a downturn of which i think it is, then the value of your stock is dwindling down. Time could eventually creep up when the value of your stock will not be enough for overall maintenance of your portfolio. OTOH, if you sell, you are out of margin at the same time, have some $$ to re-buy of you so choose. Again, this is my 2cents worth.

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