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Re: william_wallace post# 78561

Saturday, 08/28/2004 12:49:55 PM

Saturday, August 28, 2004 12:49:55 PM

Post# of 432796
06Jan40 Leap at .65-.80 is a good price. If IDCC had what it said it had after it settle with Nokia/Samsung. That is about 16 months away. Settle with Nokia in 6 months. If good settlement, 10 months later it should blow thru $40 easier.
To control 1000 shares at $800 (at ask price), If it broke thru and up says $100. That option price would have been worth $60,000. That is good gamble (with good probability) for $800+comm. With downside limit to $800. I will look into on Monday for 10 contracts.

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