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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic -- Ignore unavailable to you. Want to Upgrade?

To: David S. who wrote (14864)	12/19/1997 6:16:00 PM
From: ANANT	Read Replies (3) \| Respond to of 27012

David: Leaps of KO, GE etc I followed a similar approach. I bought y2k leaps of GE, G, KO, IBM and PG when the stocks were beaten down GE at 61 etc with a view to exercising them in y2k. I sold them prematurely with good profits. I should have held them. It is a poor judgment to have sold them and pay cap gain taxes. I feel it is a good strategy to buy slightly "out of the money" leaps of great company stocks when they are beaten down due to economic conditions. However I lost out on 98 leaps of COMS which I bought when the stock was 85. The stock went down and never recovered. Now they expire worthless. rgds ANANT

To: David S. who wrote (14864)	12/22/1997 11:23:00 AM
From: Ann Janssen	Respond to of 27012

David, I'm sure Frank nor I would have told you GE or KO was a bad investment. They are 2 of the best consistenatly performing compaines. Sometime we all get caught up in our favorite stocks, intel being one of them. We all need to diversify once in a while. Good investing to you. Ann P.S. GE owns NBC which in turn owns CNBC. Great article in Fortunes 98 investing guide about CNBC. They are getting excellent ratings. They said neilsens weren't accurate though, doesn't cover all the brokers watching from their desks. They are also able to charge lots of $ for commercials.