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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Linda Kaplan who wrote (13962)5/22/1998 3:46:00 PM
From: soup  Read Replies (1) | Respond to of 213177
 
To Linda (as well as private poster);

Thanks. Likewise for the encouragement.

Options are mean little beasts if you're not careful. Bought Jan' 2001 LEAPS a few days ago at $10. Figured, with an AAPL target of $60, my LEAPS would be worth $30.

Saw them down to $8 this morning (if I cared to sell.) 20% loss in three days not counting commissions. Annualized that would be ...

Wish I had held off. I really would've liked them at $8 1/4.

soup