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To: Wyätt Gwyön who wrote (55128)	12/20/1999 9:19:00 AM
From: Jill	Respond to of 152472

Interesting to see the discussion here on timing, leaps, options. Everybody has their own favorite strategy. Everybody's making $. Jill

To: Wyätt Gwyön who wrote (55128)	12/20/1999 10:05:00 AM
From: Uncle Frank	Read Replies (2) \| Respond to of 152472

>> You are buying a wasting asset. Just a contract that happens to expire on a later date. As for bet on "long term bias", remember that in the greater scheme of things, a year or two is not so long. Remember Dell? In reverse order, I'm trying like mad to forget Dell <gg>. I won't prolong this discussion, as it's better suited for J&P's options thread, which will open its doors for business very soon (right Jill?), but classifying calls and LEAPS calls as alike is tantamount to saying Spud Webb and Patrick Ewing are both basketball players. The devil is in the details. uf