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Technology Stocks : Intuit -- What's Its Future?
INTU 405.36+4.3%Dec 8 4:00 PM EST

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To: Larry S. who wrote (1507)8/17/2000 12:30:57 PM
From: Michael L. Busser  Read Replies (1) of 1545
 
I decided to rewrite some covered calls yesterday. I increased the price to 55 for Jan of 2001. I do not believe that intu will make another run until their earnings for tax season come back around. However, if the tech market in general makes a run in the latter half of 2000, certainly intu will run with the pack. The calls were selling for between 6-7.25 yesterday. A pretty hefty premium considering I have already bought back my last set of options for a 4 point gain. Good luck with your strategies.
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