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To: Richard Shea who wrote (5470)3/23/2000 9:21:00 PM
From: Jill  Read Replies (1) | Respond to of 8096
 
Hi Richard, welcome and thanx for sharing your strategy. It seems sound. I also like leaps on many issues, as I can buy them and "forget" about them. Among my leap positions are siebel, msft, emc, nt. I plan to keep until I exercise them.



To: Richard Shea who wrote (5470)3/24/2000 8:27:00 AM
From: Jean M. Gauthier  Read Replies (1) | Respond to of 8096
 
Don't you pay a lot of taxes with that strategy, instead of just exercising those DITM LEAPS ?

You would use margin, but you would ACCUMULATE buying power with all that exercised common...

Anyone ?

Need confirmation
Thx
Jean