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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!
LRCX 239.85+0.6%3:59 PM EST

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To: Jacob Snyder who wrote (9024)11/30/2000 1:38:46 PM
From: Sam Citron  Read Replies (1) of 10921
 
Jacob,

I can see why you picked up the stock rather than the LEAPS. Those premiums are pretty rich. I notice that the Jan '03 70 calls are trading at about $10. By selling these LEAPS you could lower your break-even cost basis to 30 and still have a maximum upside potential of 100% in two years. Any thoughts?
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