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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets! -- Ignore unavailable to you. Want to Upgrade?

To: Jacob Snyder who wrote (9024)11/30/2000 1:28:03 PM
From: Gottfried  Respond to of 10921
 
Jacob, thanks for letting us know. I'm sitting tight. Even the OS stocks are getting hit. ORCL was strong last time I looked.

Good luck!

Gottfried



To: Jacob Snyder who wrote (9024)11/30/2000 1:38:46 PM
From: Sam Citron  Read Replies (1) | Respond to of 10921
 
Jacob,

I can see why you picked up the stock rather than the LEAPS. Those premiums are pretty rich. I notice that the Jan '03 70 calls are trading at about $10. By selling these LEAPS you could lower your break-even cost basis to 30 and still have a maximum upside potential of 100% in two years. Any thoughts?


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