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To: Jill who wrote (3115)2/17/2000 12:06:00 PM
From: edamo  Respond to of 8096
 
jill...lu synthetic long....pal are you out there?

i like it.....looks like a good position...unless lu becomes a disaster, the downside is less then the upside....i may want to consider a deeper in the money call strike, and a slightly higher put strike......maybe look at 0250/55 puts and 0145/50 calls, let me know if it makes sense, as i'm just throwing stuff out to you........get a bit of intrinsic value in the call side to maximize return if you are correct...



To: Jill who wrote (3115)2/17/2000 12:10:00 PM
From: SecularBull  Respond to of 8096
 
Take a look at the 2002 $55/$45 synthetic long on LU. This should allow you to take your proceeds to long term gains, unless I'm mistaken.

...Another great day. At all-time highs again...

<VRG>

LoF