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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 232.52+0.1%Dec 26 9:30 AM EST
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To: Glenn D. Rudolph who wrote (37022)1/26/1999 10:52:00 PM
From: Bob Duncan  Read Replies (1) of 164684
 
Glenn,

One more question. Since you are obviously an experienced investor, have you ever made use of this option or do you typically stay away from this sort of leverage?

I realize leverage is danagerous but there are rare times where it would be very useful if one was very confident about a stock move. I would be interested in your opinion on this, particularly if you think this is a good option instead of buying options on an equity. (In the case I am considering, the spread on the puts and calls is about 15% - 25% at times.)

Thanks again for all your help.
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