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Hi Dave B.,

I think the question of waiting for 2014 LEAPS or not is a matter of when you think the market will price in 100G revenue. Right now, the market is acting as if 100G will never come, so 2013 LEAPS are cheap. 2014 LEAPs certainly would give more time for the revenue to flow in, but they wont be ready until the end of the summer. At that time, 40G will be out and the market may begin to price in future product revenues.

I have a few 2013 LEAPS already, and I might pick up more when the 2014's are ready. But right now, I'm playing a long stock game.

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