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Strategies & Market Trends : Giant LEAPs... -- Ignore unavailable to you. Want to Upgrade?

To: Jerry Miller who wrote (244)	12/2/1997 5:20:00 PM
From: ken whited	Read Replies (1) \| Respond to of 315

This is one of the reason's I think LEAP's are a good deal. My exposure is limited to my investment. When the underlining stock prices falls only a fraction of the LEAP price falls. I have one, two or more years to realize my investment. I'm not worried, unless I think this is going to take some time to rectify. Just keep a eye on the 35.00 1999 LEAPS when or if they get to 4.00 to 5.00 its time to buy. On the last round I had a gain of 100%, so the LEAPs I have today were capital gains reinvested.