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Technology Stocks : Intel Corporation (INTC)
INTC 50.59+4.9%Feb 6 9:30 AM EST

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To: Kealoha who wrote (28088)8/3/1997 8:06:00 PM
From: carl a. mehr   of 186894
 
Kealoha & All,
I have come the conclusion that you might just as well buy the common shares. The Leaps are not marginable and the cost of margin interest wins out compared to the premium that you pay for Leaps. It a little hard to figure, but that's my take on things. Maybe somebody out there can give us the math tools to play with?

regards,
humble carl
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