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

To: freeus who wrote (1392)	1/7/2000 4:48:00 PM
From: Uncle Frank	Read Replies (2) \| Respond to of 6516

>> : do you consider gem* to be a good one for options...LEAPS (if they have them I havent checked yet) or not stable enough yet? The Gem is my second largest holding (behind The Q), so I obviously think it is "stable enough", freeus. There are no LEAPS on this stock, so my risky/high return play of the year (so far) was to buy a handful of August 65 calls. These gsthm's were ITM when I bought them last week, but are ATM now, so I'm upside down (a position I'm used to in the context of risky plays <g>). Please note that I did not use margin to purchase them. I fought my Evil Twin to a standstill on that point! uf