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

To: Racso who wrote (56986)	4/11/1999 4:07:00 PM
From: Ibexx	Respond to of 97611

Racso, OTOTOT Re. T I was in and out of T LEAPS calls several times, the most recent being last week when the stock was traded down to $78 on very low volume. The investment I made on ZTAQ has thus far returned 35% on the paper. I feel T's upward move will be a long, evolving story. Even though no target price has been set, I expect to have at least a 3 bagger within 12 months. I usually prefer to be long LEAPS calls of less volatile stocks, as the premiums are relatively cheap, whereas short the puts on volatile issues (ie. DELL, QCOM, ATHM). Regards, ibexx PS: I don't visit all the threads on stocks I have positions in--too many to cover. Also, my profile only reflects stocks whose commons I am long, not including the option-oriented issues.