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Technology Stocks : FSII - The Worst is Over?
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To: Joe Dancy who wrote (1884)4/13/1998 12:51:00 AM
From: Chris   of 2754
 
Hi Joe,

WFR & LEAPS

I try to use LEAPS for leverage on companies that I have a strong feel will move significantly up over the next 12-30 months. I looked at MEMC and in the near term(1-3months) I don't see why they will move. Maybe I am overlooking something. MEMC will have 2001 LEAPS available after the May options expire, so it may be worth waiting for.

The volatility of LEAPS are not for the feint of heart. :-) I try to use them for more expensive stocks (MSFT, INTC, LU, CSCO, etc.)

Hope this helps,

Chris
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