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To: OtherChap who wrote (20194)10/5/1998 7:27:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 
It'll never happen. If they offered year 2001 LEAPs with a strike price of 20, I'd invest
every penny I had in a second. And so would everyone else on wall street. Nobody truly
expects these bastards to still be in business that long. Their debt will crush them. Just
like Boston Chicken, folks.


OC,

They will adjust stikes as needed. Just the premium will be high. Paying $15 for a $20 strike put would seem silly<G>

Glenn