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To: StockHawk who wrote (418)12/30/1999 6:33:00 PM
From: Poet  Respond to of 8096
 
Welcome, Stock Hawk. It's nice to see you here.

You make an excellent point about selling the common during a correction and buying LEAPs. Is this something you're thinking of doing?



To: StockHawk who wrote (418)1/2/2000 2:02:00 PM
From: RocketMan  Respond to of 8096
 
So the idea is that although you will get less for your stock if you sell during a correction, the money you get may nevertheless allow you to buy more LEAPS.
Thanks StockHawk, that makes sense. I will have to calculate the premiums they are charging and the deltas, but the quotes are all messed up because of the split, so next week I will do that.