WEYMOUTH, Mass., Feb. 23, 2000 (PRIMEZONE) -- TheCoveredCall.com, http://www.thecoveredcall.com, is a leading Internet-based Investment Newsletter specializing in educating investors on how to pick winning stocks using the C-A-N-S-L-I-M Strategy with a Covered Call twist.
"Every now again an opportunity arises when a fast growing stock merges with another publicly traded company." Stated Chris Baker. "JDS Uniphase's (Nasdaq:JDSU) purchase of E-TEK Dynamics (Nasdaq:ETEK), can be used as an example of how you could purchase a stock you like for a discount if you buy the company it is merging with. Visit http://www.thecoveredcall.com to learn the details and apply the strategy to other stock including Applied Materials (Nasdaq:AMAT).
To learn more about how to take advantage of mergers by writing covered calls and using other options visit http://www.thecoveredcall.com.
"Although using mergers as a way to get into some stocks, it's not always a good idea for others. America Online's (NYSE:AOL) bid for MapQuest was below MapQuest's trading price [the day the deal was announced]. Thus buying a stock, especially one without earnings, to get ahead of a potential acquisition is not a good idea! There are risks involved." Chris added.
Visit TheCoveredCall.com on the web at http://www.thecoveredcall.com and learn how to research stocks.