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Technology Stocks : Network Appliance

NTAP 115.66

-2.9%

Dec 12 9:30 AM EST

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To: Conan who wrote (6488)	2/9/2001 5:00:09 PM
From: im a survivor	of 10934

don't mean to spam...just thought I'd pass what looks to be a good find along to some folks that seem to have good heads on their shoulders on this thread.......look at the sunw 03 lepas in the $30- $35 range....first, two years to go to fill a gap we just made two weeks ago. Leaps are going for $6 and change....very cheap, considering it's got two years to fill a gap from two weeks ago. Further downside is further opportunity for more cheap leaps. Looked at almost every naz bellweather. Could not find any offering what seems to be such cheap pricing on 03 leaps that have a chance to be ITM on any half ass naz rally....anyway take a look.....I am going to build an aggressive position in them staying $5 - $10 OTM as the naz drops....as I said, premiums are very, very cheap...prospects for 100-300% returns are very realistic if you feel naz will rebound to only 3000 level within 2 years......hope everybody has a great weekend...was looking at some ntap calls, but frankly the premiums are a tad rich...better to buy the stock IMO, but will wait and see what naz does....

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