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To: Jill who wrote (1169)	1/16/2000 4:09:00 PM
From: steve mamus	Read Replies (4) \| Respond to of 8096

For the LEAPS experts. I am considering purchasing LEAPS due in 2002. Hypothetical question. If QCOM gets bought out prior to expiration of LEAPS what happens to your LEAPS?? I would like to know the answer to this before getting into LEAPS too deeply.

To: Jill who wrote (1169)	1/16/2000 4:15:00 PM
From: KY	Read Replies (2) \| Respond to of 8096

To the thread, Just reading about LEAPS for the first time. Tell me if my instincts are correct... Thinking that you could make a great use of LEAPS if you felt, during or after a very sharp correction, that a stock would rebound sharply a few months out. Figure at the point of maximum pessimism, LEAPS for certain stocks would be relatively cheap. Of course, I would probably be buying the stock as well at this point since I am always buying when everyone else is selling. Just getting my feet wet...looking for reinforcement :) Thanks. KY