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Technology Stocks : Lucent Technologies (LU)
LU 2.675-1.3%Jan 23 3:59 PM EST

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To: Rob L. who wrote (3627)8/13/1998 7:52:00 AM
From: LWolf  Read Replies (1) of 21876
 
Rob... you're right... my mistake... sorry
I have LUAS for Jan99
As I remember, when I bought them, I wanted to go further out... but as I recall, the next thing was Jan00, which was farther out than I wanted to be. (about the same time I had purchased Mar99 PFE calls).
As I've said before, I'm bullish on this stock... and I look at options as a way of setting a place marker for holding the stock long (so I don't tie up too much capital in it right now, [I have another place I want to put that capital to work in the meantime]. And yes, I'm paying a premium for that right).
Laura
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