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To: pater tenebrarum who wrote (54630)1/5/2001 1:22:04 PM
From: Tom M  Read Replies (1) | Respond to of 436258
 
Heinz/all, any feelings on LU? Cnnfn tout said it's below book here (at 14 5/8), I see book listed at just over $7. He said book would be over $31. It's come a long way down, but many have a tendency to keep going below book. Thoughts?

thanks in advance,
Tom



To: pater tenebrarum who wrote (54630)1/5/2001 1:52:39 PM
From: Poet  Read Replies (1) | Respond to of 436258
 
Re: LEH LEAPs puts. I just looked at the chart and based on the state of the economy and the precarious position the financials are going to find themselves, I think they're a great idea. I picked up the 2002 75-strikes a few minutes ago. I figure there will be major damage done in the next six months, while these still function as LEAPs rather than regular calls. the 2003's are not worth the extra expense, IMO.


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