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Technology Stocks : Gemstar Intl (GMST) -- Ignore unavailable to you. Want to Upgrade?

To: Uncle Frank who wrote (1320)	12/31/1999 9:47:00 AM
From: RocketMan	Read Replies (1) \| Respond to of 6516

GMTA! Just got another gstel, they're giving them away. May pick up some gsthm next week. What does it take to make a market on leaps? Now that GMST is on the Naz 100, wouldn't you think leaps would be offered soon? If so, a great play might be to roll our calls into leaps.

To: Uncle Frank who wrote (1320)	12/31/1999 9:55:00 AM
From: surpow	Read Replies (1) \| Respond to of 6516

<<I guess we're thinking alike, Rocket. For identical reasons, I bought gsthm August 65 calls in my cash account a few days ago <g>.>> UF: I posed a similar question on the G+K OPTION site. If one is expecting Gem* to run in 2000, wouldn't it make sence to buy a little OTM like AUG 75 Calls? If it does run, the profits will be more substantial then buying ITM. If it doesn't run by say March or April one could still exit the position with out experiencing time decay. Happy Birthday. Happy New Year. Thank you for ALL of your efforts. Noah