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Politics : Formerly About Applied Materials
AMAT 223.95+1.7%Nov 21 9:30 AM EST

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To: Tito L. Nisperos Jr. who wrote (17735)3/15/1998 11:52:00 PM
From: Bruce Dorval  Read Replies (1) of 70976
 
LEAPS, reply to Tito and Robert

Tito, thanks for the link to Jacob Snyder. I will have to study his formulas. They seem to yield similar conclusions/decisioin-rules as my method of working out cases with actual numbers.

Robert, the tax advantage of the Jan00 LEAPS is an added benefit to buy them. However, a powerful move later this year could make the Jan99 LEAPS yield enough to pay at the higher rate and not be too sad about it.

Bruce
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