To: Frank Ellis Morris who wrote (154803 ) 3/10/2000 8:27:00 AM From: Sig Respond to of 176387
Morning Frank: (kind of OTOT) Yes its stunning that a only 10 point rise in Dell can move the NAS so much higher. With Dell above 42 and looking strong, I can play around with toy stocks. I have about 28 of those, and there are about 60 more boomers probably just as good (see Greg)G As just a sample, this morning I am looking at the following: 1. NOK will vote on a 4/1 split and buybacks on Mar 22 and its not obvious because the splits calendar seldom shows foreign co. splits Call NZYDD April 220 cost ~ $13 1/2 or XNNAB 2001 220 leap cost $47 2. SAP will vote on a 3/1 split on May 5 so the ZSPAR Jan 01 90 at $14 1/2 looks good. 3. Cmgi should fly today with the good earnings so I would look at the Mar or Apr 140 GCKCH, dh, calls at $11 or $21. 4. Dell May 40 DLQEH at $11 1/2 also worth a look. Incidently I don't own Nok, Sap, or Cmgi yet.... There are so many ways to invest (this is investing??) hehe that its hard to tell whether one is doing it right. The right way for a man of substance can be to buy and hold stock and I see no problem doing that thru Leaps which I find just as worry-free as the stock. Although we look for the "right" way, looking for it leaves us wide open to recommendations by the brokers and so called experts with poor results. The right way would include apparent stability and safety of most of ones capital, and actions that produces overall profit along with enough excitement to keep life interesting. I had a discussion with my broker, saying that buying just one to 4 of these calls at a time seemed like well- kind of cheap, and perhaps I should buy maybe 10 or 20 at a time. "Noooooooooooooooooo" he says, and gave me an example of what happened to a client. Good luck Sig (split happy) Because of the thread talk, I own 2 calls on Rmbs, and today they announced a split vots