Winstar Comm. (WCII) Message Board

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Technology Stocks : Winstar Comm. (WCII)

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To: pkwknk who wrote (4865)	3/31/1998 8:02:00 PM
From: Richard Dunaven	Read Replies (1) of 12468

pkwknk, I'm not sure I read your note correctly so please feel free to straighten me out but call leaps at 40-45 are at a healthy premium. why pay the premium if the stock will grow Qtr to Qtr. You pay way too much premium for a leap and there is no need as long as the stock climbs. I haven't looked lately but what is the Jan 2000 40 call?. Last I looked you pay about 15-20 bucks for this time and it isn't necessary. If you buy in the money you save a lot in time value your convert price is less, the time value is less and if your goal is to convert why pay the extra premium? I don't understand your philosophy but am willing to listen. Thanks Ric D.

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