Covered Call Option with Netscape (NSCP) as the Underlying Stock

Income

date: December 21, 1998

Expires Jan. 16, 1998		Strike Price = $50.00
Sell To Open Call		1 @ 2 3/8		-NQYAJ		COVERED CALL ON NETSCAPE
						Income		$237.50

Net Profit

						Estimated Taxes @ 28%		$58.93
						Commission		$27.02
						NET PROFIT		$151.55

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Covered Call Option with Netscape (NSCP) as the Underlying Stock

Info. on the underlying stock

Income

Net Profit

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