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To: Gary who wrote (299)	12/22/1997 4:21:00 PM
From: Sonki	Read Replies (1) \| Respond to of 5810

Gary, LEAP held over 18 mo.: r they long term gains or short term, cuz somewehre i read options are always short term regardless of time held. 2nd: if i exercise my leap after having held for 12-18 months, does my holding period begin when i exercise or when i own the stock. i read on this thread intcW ownership starts the day u buy wrrant. what bout leap? thx, gary. Have an enjoyable xmas and holidays. antoher year has gone by so fast.