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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Tito L. Nisperos Jr. who wrote (11098)	11/14/1997 7:16:00 PM
From: Michael R	Respond to of 70976

I had not thought about taxes when I bought the leaps. Back in 1987 I worried about that stuff and sold a few stocks after the crash only to see them rocket up in January 1988. I like the idea of 2 years (LPJAG) to give me extra time if something goes wrong with the market, the extra time can be a good safety buffer. I havn't used leaps in my rollover IRA yet, but I plan to do this when I am more comfortable about the trend of the market and AMAT. I also want to keep that account a little diversified, just in case something unexpected should happen. Regards, Michael Hey, We should start a leap mutual fund. Invest peoples money in leaps and reinvest the proceeds in more leaps!! EAEPS