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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: H James Morris who wrote (74124)	8/16/1999 5:13:00 PM
From: HG	Read Replies (1) \| Respond to of 164684

HJ, Yeah LEAPS Of course I'm serious. I think each AOL80 - the $30 call will be worth at least $180 by end of 2000, assuming a conservative $100-$120 increase in stock price over a year. Don't you agree ??? In case it doesn't take off, I can always sell before the premium goes down. Plenty of time I would say. Thinking of scaling in of course, and limiting the investment to a small amount too. the good thing about the LEAPS is that they do not lose much value in the short term if the stock goes down. Besides the downside of AOL is pretty limited - wouldn't you agree ? AND one can sell way OTM calls every month and collect small premiums too if one wanted, although that spells too much stress for me...