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Technology Stocks : Loral Space & Communications -- Ignore unavailable to you. Want to Upgrade?

To: Dragonfly who wrote (3841)6/23/1998 6:45:00 PM
From: dougjn  Read Replies (3) | Respond to of 10852
 
Actually, calculations of breakeven points on leaps which assume conversion somewhat underestimate their value.

That's because one can sell them with say six months to run and still retain much of the time premium.

Anyway, as a buyer of the 25 & 30 2001 leaps at the earliest darkest political moments, as stock first touched down to 25, I am not at all unhappy about their current richness. <gg>

Doug


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