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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?


To: DownSouth who wrote (27688)7/11/2000 4:11:38 PM
From: gdichaz  Read Replies (2) | Respond to of 54805
 
DS: Yes, LEAPS put you "back in" as a stock substitute strategy.

Since my experience is extremely limited - sold off last Qualcomm LEAPS in Dec 1999 and first week of Jan 2000, I have only one small suggestion.

While the conventional wisdom says you face the need for early sale (6 months or so), if the Q does succeed with its data tornado mobile wireless to internet strategy, suggest that the Jan 2003 Qualcomm LEAPS should be a'leaping toward the end of 2002, so holding to then is a reasonable risk regardless of what the "book" may say on time decay. The time decay will be gone and the Qualcomm LEAPS will follow the stock - perhaps even up - hard as that may be to envision these days.

Luck.

Cha2