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Strategies & Market Trends : Gorilla and King Portfolio Candidates
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To: ggamer who wrote (20464)3/17/2000 3:51:00 PM
From: Uncle Frank  Read Replies (1) of 54805
 
>> I wanted to know why Uncle Frank and Mr. Buckly have not taken a position in JDSU

Speaking for myself, since I feel that jdsu is a King, I've been reluctant to tie up a large amount of capital in it, as I prefer established and emerging Gorillas. That posture changed this week when cboe introduced LEAPS for jdsu. This allows me to participate in the expected growth of jdsu with 1/3 the investment capital necessary to actually own the shares. My position is in yjuat (January 2002 100 strike price LEAPS calls).

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