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

To: David Wang who wrote (3110)	8/1/1998 11:35:00 PM
From: Jake0302	Respond to of 11568

<<You can buy year 2001 @40, symbol ZQMAH, now at 23 1/4. very good bargain...>> Thanks for pointing this out to me. I was misreading the table, and I thought that the last set of Jan options were merely for Jan 2000. These really could be a very good bargain, especially given the 18 month tax consideration, and the potential for strong growth in WCOM.

To: David Wang who wrote (3110)	8/2/1998 8:42:00 AM
From: ANANT	Read Replies (1) \| Respond to of 11568

DW: WCOM Leaps I have been buying some 2001 leaps with strikes of 50 and 55's around $15-17. I hope WCOM will be over 100 at the expiration time. I intend to exercise the leaps at that time. This is my small down payment to buy the stock later. Generally I try to buy the leaps slightly out of the money. Of course this is a moving target as the stk price changes. In general, I do not choose the very deep in the money leaps as they tend to go down in value as the stock goes down. This is my personal preference.