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Non-Tech : Philip Morris - A Stock For Wealth Or Poverty (MO) -- Ignore unavailable to you. Want to Upgrade?

To: md1derful who wrote (1865)	6/22/1998 12:31:00 PM
From: Geoff	Read Replies (1) \| Respond to of 6439

Now that MO's stock price has cooled off, it seems like an interesting time to look at the options. I'm not sure what to do, maybe write some puts to help pay for some calls. I have stayed clear of MO options in the past, despite numerous temptations. This time, some of those LEAPS look pretty darn attractive. I like the Jan 2000 30s. They're trading at 11 and change, which IMO is a bargain. Though I would prefer to wait for the 2001s to start trading, I'm not too hot about buying LEAPS that expire in Jan 2000. geoff