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Technology Stocks : Lucent Technologies (LU) -- Ignore unavailable to you. Want to Upgrade?

To: SAM who wrote (13649)	2/25/2000 10:24:00 AM
From: Ibexx	Read Replies (1) \| Respond to of 21876

Hi Sam, Thanks for your confidence. I really hesitate recommending option plays as the risks are usually large - larger than the equities anyway. As to myself, I bought 02 slightly out-of-money LEAPS calls (strikes 55 and 60) when the stock was traded recently at $52. These are very conservative plays as my stakes were large by small investors (like myself) standard. If you wish to balance the risk vs. reward, I would recommend a in-the-money strike. I would also skip the 2001 issues as they have begun to lose their time premiums in an accelerated manner. Hope this helps. Ibexx