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Technology Stocks : Network Appliance
NTAP 110.50-0.4%3:59 PM EST
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To: Jill who wrote (3771)7/22/2000 1:05:14 PM
From: Uncle Frank  Read Replies (1) of 10934
 
>> I know a few people who've done obscenely well just buying leaps on G&K type stocks (and some others) and exercising them a few years later.

I do, as well, but waiting to exercise a LEAPS in a tax sheltered environment makes no sense to me. Even if they continue to appreciate for the last 9 months before expiry, what you have done is thrown away time premium needlessly. The more logical approach is to roll them out and up before the premium disappears.

imho,
uf

btw, what are you doing posting at 4 in the morning? Insomnia?
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