tag:blogger.com,1999:blog-32639162.post7463478107370617888..comments2023-12-07T01:00:56.264-05:00Comments on My Wealth Builder: Innovative Companies - Spectacular or DudsSuper Saverhttp://www.blogger.com/profile/11172939501208456194noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-32639162.post-81432922273226221262007-07-05T19:47:00.000-04:002007-07-05T19:47:00.000-04:00Moneymonk,Thanks for your comment.Agree with you o...Moneymonk,<BR/><BR/>Thanks for your comment.<BR/><BR/>Agree with you on AAPL. I just think it is a bit risky since Apple's success depends mostly on Steve Jobs.<BR/><BR/>Owning a LEAP option means that one has a right to buy (a call option) or sell ( a put option) at a certain price. I own Jan 08 40 LEAP call options. That means I have the right to buy Microsoft at $40 up until the expiration date of January 18,2008. Of course, I would only use the option if Microsoft were over $40. MSFT is currently $29.99 making the options not worth much.<BR/><BR/>By the way, I should have capitalize LEAP, which stands for Long-term Equity APpreciation.Super Saverhttps://www.blogger.com/profile/11172939501208456194noreply@blogger.comtag:blogger.com,1999:blog-32639162.post-79868570002925548692007-07-05T11:51:00.000-04:002007-07-05T11:51:00.000-04:00I believe AAPL wil be a winnerWhat are leap option...I believe AAPL wil be a winner<BR/><BR/><BR/>What are leap options?L. Marie Josephhttps://www.blogger.com/profile/08742625250214975088noreply@blogger.com