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To: Venkie who wrote (5328)	1/5/2002 1:33:06 PM
From: im a survivor	Respond to of 13815

I did great with some 04 $10 leaps on jdsu and some 04 $10 leaps on atml......bought when both stocks were dipping, sold on the runnup....very nice % gainers as compared with the stock......Instead of guessing the market and selling quality companies like sunw, jdsu, fdry, extr, ntap and etc, etc, that i bought well under $10 a share, I will just let them sit long term and trade the leaps instead......they are cheap, they make big up and down moves which allows for easy trading, and I dont have to worry or stress about selling this too soon, or not selling it soon enough......nope, I'lllet those $8 sunw shares and $7 ntap shares and etc, etc.....just sit and go with the market....I'll make my money by buying the slightly OTM 04's on dips, and selling them into rallies.......got some of the atmls for $2......got a 33% gain in couple days....same with jdsu and many others.........I even kept a couple of the 04 10 jdsu's.....they were OTM when I bought and are now ITM....The profit I made covered my cost and allowed me to keep a few on the table.......will see what happens...could still sell them, or may just wait.....I know that the 04's give me ample time to wait out the dips and sell on the rallies, should I miss one.....