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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: taxman who wrote (23193)	5/25/1999 10:47:00 AM
From: t2	Respond to of 74651

taxman, thanks for your input on the leaps. The only time it is really worth buying short term calls (under 3 months to expiration) is when you expect to make big bucks very fast. I agree that in the case of leaps, buying should in those that have the longest expirations--in this case leaps 2002. I am no longer going to buy any 2001s as the difference in the cost is not much considering you are getting an extra year, IMHO. BTW--I am still not tempted to buy July or October calls yet.