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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 72.28-0.1%3:34 PM EST

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To: Ibexx who wrote (20906)1/18/1999 4:04:00 PM
From: Jean M. Gauthier  Read Replies (3) of 77397
 
Mr Ibexx.. and all my fellow CSCO Investors... I own 250 shares now of Cisco, not much, but I am starting out. :(

Can you help me...

Can you explain how I would profit by buying, let's say Jan 2000 or Jan 2001 LEAPS, instead of buying the shares.

The Jan 2000 were trading last thusrday, at what, LCY $ 16 right ?

The Jan 2001 were trading at 26$ last thursday...

Can you explain to me , the question #1 asked above ?

Question #2: Let's say I wanted to invest $ 10,000 US. That would normally buy me 100 shares of Cisco at $ 100 Let's say.

Can you explain to me what would happen if I bought EITHER 2000 or 2001 LEAPS ?

I would really appreciate yours, and others help , in this matter.

Thx & Take care
Jean
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