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Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?


To: FruJu who wrote (22)3/4/1999 4:16:00 PM
From: Bill Wexler  Read Replies (1) | Respond to of 10293
 
Good point. I think that it would probably make a lot more sense to simply buy the Jan. 2001 10 Leaps (ZWPAB) Last I checked they cost 3 3/8 with 21 months to expiration. With the stock at 8 and change, these will give you pretty much all the upside if the stock recovers before then. However, the way things look now CPU may be thrashed for a long, long time. If the stock dives another 2 bucks, those calls will lose 35 - 40% of their value.