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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: arthur pritchard who wrote (116013)	4/10/1999 10:21:00 PM
From: Sig	Read Replies (1) \| Respond to of 176387

Sir Arthur: Re: Try about 15 annual sacrifices. It only hurts for a day---maybe three.>> The pills I am now taking would not be strong enough to handle that.(G) <<< Could you imagine a portfolio of just calls and leaps, for a beginning but long term younger investor? >>>> That depends on whether you expect the person to learn the investment process, or to pick the investments for him. My suggestion yesterday to brand new investor with $3000 to spend, was to set up an account, buy 50 shares of Dell to get a feel for it, and to buy one Aug 40 call to watch how it performs. However, if I was to continue to make the selections for the portfolio, I would definitely include the 2001 Leaps. But handling Calls requires much more attention - when to buy or sell, which you may know but the newcomer will have to learn. An example of a Leap: LMFAH Msft 2000 140 Cost $700 in June 1998, now is 2 LMFAN=$6050 Msft stock in june 1998=$100, now is $184 equivalent Profit on Leap= 760% (and can be long term gain or just roll it) Profit on stock= 84% A second example: ZLUAR Qcom 2001 90 Cost $1950 on Mar 18 th, now $7288 Qcom stock on Mar18=$82, now is $145 Profit on Leap= ~267% Profit on stock= 77% Summary: Am all in favor of Leaps.... calls can do even better but need TLC , luck, and more attention Regards Sig