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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: Wyätt Gwyön who wrote (48880)	11/10/1999 12:46:00 PM
From: Uncle Frank	Read Replies (1) \| Respond to of 152472

>> almost doubled your leverage or almost doubled the number of contracts you have? MuchoMan, I'm sure you are correct, but the difference is too subtle for me to grasp given my current state of euphoria. Using the proceeds from my znoats, I was able to almost double the number of shares I control by buying zqiads. For every point Q goes up, I will realize almost twice the dollar profit. I may be using the term "leverage" incorrectly, so how about I just say I'll make twice as much money? One of these days I'm going to read a book on options so I can get the lingo down <g>. latwttb, uf

To: Wyätt Gwyön who wrote (48880)	11/12/1999 11:17:00 AM
From: AMF	Read Replies (1) \| Respond to of 152472

OT Mucho Maas re: LEAPS I've ordered the Roth book on LEAPS to try and get a better understanding, but your post was a revelation to me. Does this mean that one could make more money with a fewer number of LEAPS that are deep(er) in the money, than with a larger number of far out of the money LEAPS? Forgive my obtuseness, but I have been reading posts about people who are anxious to accumulate the greatest number of contracts. And yet, these same contracts do not seem to go up with the stock at nearly the same rate as more favourably priced LEAPS. Did I misunderstand? Is the quality more important than the quantity ultimately? Thanks, anna