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To: freeus who wrote (66489)9/21/1998 3:47:00 PM
From: Sig  Read Replies (1) | Respond to of 176387
 
Freeus:
<<<So the LEAP can be worth enough (or more) to actually sell the LEAP and buy the stock outright, right?>>>
Thats close, but for leap to be worth $120(12k) , the stock would have to be $197/sh so one could buy around 60 shrs with the proceeds.
Assuming the stock splits next July(haha, fat chance, huh) you would then own two leaps and could buy 120 shares. Have fun
Sig