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Technology Stocks : Intel Corporation (INTC)
INTC 37.81-4.3%Dec 12 9:30 AM EST

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To: Ibexx who wrote (70943)1/11/1999 3:19:00 PM
From: Neal davidson  Read Replies (2) of 186894
 
IBEXX: I am holding INTC Jan. 2000 leaps (calls, of course). Bought them in July for $10. They are now trading around $47. Do you have a strategy for selling leaps and putting the money into the next year's leaps, thus avoiding the loss in value due to the diminishing time premium? Do you ever exercise your leaps, thus delaying the tax consequences of the gains on the leaps? Or do you generally simply sell the leaps and put the money to work in some other investment? Thanks in advance for your thoughts.
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