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Non-Tech : The Critical Investing Workshop

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To: freeus who wrote (30783)	8/28/2000 12:09:21 PM
From: Jill	Read Replies (1) of 35685

Might as well hold onto your rmbs leaps I think it'll work out really well for you. This market is not the same as of old. Things skyrocket and suddenly retreat. Look at CREE which I passed on calls recently for no good reason, down to 86 (menat to buy calls then), up to 140 or more, within a few weeks. If you are holding leaps--you're paying a lot for time premium, and what might happen? QCOM entirely deflated and it may take a while to start moving up (and then, in a more orderly fashion). DELL never recovered in spite of its being a fantastic company--leaps would do nothing for you. It's hard to know but I gave up using them as a vehicle. I used to worry about tax consequences but this is one yera I won't have to worry LOL. So I guess you take a profit--and when you have a wild profit, you let it ride and then take it.

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