Lucent Technologies (LU) Message Board

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Technology Stocks : Lucent Technologies (LU)

LU 2.415

+1.9%

Nov 21 9:30 AM EST

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To: semi2000 who wrote (14272)	4/9/2000 4:32:00 PM
From: Rick Murphy	Read Replies (3) of 21876

semi, If I'm not butting in .... All three LEAPS are priced nearly the same when normalized for the current stock price, i.e., CSCO Leap is @33%, LU @30% and MOT @32.9%. The absolute value of the LEAP is not comparable from one to the other. I'm sure someone more expert will explain it in terms of implied volatility (or the Greeks) but I like to keep things simple. Regards, Rick

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