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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: the options strategist who wrote (37121)	3/21/1998 2:04:00 PM
From: Jerry Olson	Respond to of 58727

Hello Jen IMO it will not make a difference when you buy it!!!! The question is are you going to trade it??/ or invest in it??? My suggestion to you, buy it for an investment...don't trade it, sell it, and don't worry about it!!! If you don't have BIG money to buy 100 shares or 1000 shares, buy a Year 2000 leap at strike 95...90...85..etc...pick one because it won't matter... IMO this will be "THE" biggest selling drug in the history of drugs...I feel that PFE will run very quickly to 120, and then split 2-1, before the end of this year...Then Jen, it will begin to announce earnings from this blockbuster drug, run all the way back up to 120, and split again late in 1999... So even if you buy 1 (one) option at $2000.00 now and it splits 2-1 this year you'll have 2 options and then if it splits in 99 you'll have 4 options, (which controls 400 shares of stock) 1 option controls 100 shares... You'll have a lot of choices then...excercise your options at the original strike ie: you buy the 95 strike, it splits you're new strike price would be 47.5...that means you could buy PFE for 47 1/2!!!!! This of course is just my "Very" humble opinion<g>...you're monetary outlook could be a lot different in say 2 years or so.... anyway buy the damn stock or option and put it away for at least 2 years with out ever selling it...This is a "Homerun" in the making, and it's certainly not to late to get "on the train".... My Regards, Jerry....hope this helps...