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Technology Stocks : Intel Corporation (INTC)
INTC 36.08-3.2%3:59 PM EST

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To: Ibexx who wrote (14083)3/15/1997 1:25:00 AM
From: Sonki   of 186894
 
Ibexx,
What do you think of Leaps? I bought intc,msft,csco, orcl leaps.
I started doing that last May intc'75= $14 now worth $75 expire 1/98.
Since then I have buying 98,99 leaps from $100 to $160.

Do you think it's dangerous to do this?
my latest was $35 for $160 strike in '99.

Recently, I feel a termendous loss since "option value" of the
leap goes down a lot in a down trend. I am not a trader. Can't
afford the stock. I am loosing the time value and I am heavily
invested in intc leaps. MSFT leaps seems to hold very nicely.
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