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Technology Stocks : Global Crossing (GX - NYSE )
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To: isdsms who wrote (48)12/2/2000 11:56:12 AM
From: Alphapenguin   of 65
 
I happen to like LEAPs. I assume you're referring to th calls. The '03s are o.k., but I just traded out of a block of '03s to buy the '02s at a lower strike on essentially a wash. I'm looking for a tender for a buyout sometime in '01 and just don't believe it makes much sense to commit extra cash simply for more time value. If GX doesn't reward me by mid '01, I'll be out of it, anyway.
OX
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