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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: voop who wrote (3931)	7/17/1999 1:50:00 PM
From: Uncle Frank	Read Replies (1) \| Respond to of 54805

Too bad you weren't able to buy those leaps in a sheltered account, voop, but I'd gladly have a "problem" like yours <g>. I'd probably be tempted to sell enough of the leap position to allow me to exercise the balance and cover tax liability, thereby converting a great investment with a time limit into a great long term investment with no additional cash input requirement. I fully expect Q to retrace after the earnings news is absorbed and the analysts put out a wave of upgrades, and with the y2k effect coming into play, it would be a shame to give back some of those obscene profits. But it's always easy to make decisions about someone elses investments; decisions on my own are much tougher to come by <g>. Frank