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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Mike 2.0 who wrote (7104)	5/10/1999 12:27:00 PM
From: porcupine --''''>	Respond to of 78468

Message 9439661

To: Mike 2.0 who wrote (7104)	5/10/1999 12:48:00 PM
From: Allen Furlan	Respond to of 78468

Re nafc. Sorry, have found too many other interesting situations. As aside I saw on the leap forum that you were only other person besides myself who was interested in writing leaps against stock. I recently bought coms and sold year 2001 50 calls(2/1 ratio) to get my buy price down to 21 per share. There are some interesting plays using covered leaps and many of the positions have very good risk to reward characteristics that should appeal to value investors.