AT&T Message Board - Msg: 828609

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Technology Stocks : AT&T

T 28.80

+1.2%

Feb 12 3:59 PM EST

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To: craig who wrote (182)	2/15/1997 4:02:00 PM
From: Alfred Gertner	of 4298

Craig, if you wish that they should still own LU then you may want to play the Jan'98 Leap 60 on the old T pre split. The symbol is WZAL. Is trading for $5 3/8 but you get the play on all 3 companys T,LU, and NCR. LU 57 5/8 X .324 = $18.67 NCR 35 X .0625 = $ 2.19 T 39 1/2 = $39.50 ------------ $60.36 You are paying $5 premium but you have 11 months to go. Hopefully LU will go to $100 , T to $50 and you have $25 option, then again be carefull like with all the options could be worth $0. Good Luck Alfred (long the T leaps)

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