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

To: Jake0302 who wrote (3116)	8/3/1998 5:45:00 AM
From: ANANT	Respond to of 11568

JJW: Congratulations on ur SI membership win. Good luck in ur trip to Europe. Interestingly I follow the similar stks as u do. It is a good strategy to buy leaps when the stks are down. It is generally recommended leaps should not exceed 15% of ur portfolio. The general problem with the leaps is the bid/ask spread very high. Sometimes it could vary 1 to 4. In this bull mkt the leaps can go up 4-5 times in extreme cases. Losses also could be pronounced in leaps of stocks like INTC in downward run. Wish u good luck.