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Non-Tech : The Critical Investing Workshop

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To: Nichols who wrote (9681)	3/29/2000 2:57:00 PM
From: im a survivor	of 35685

Well, I'm not doing too much bargain hunting as I dont want to go too much further out on margin. However, I too believe we will come back strong, so I am taking the time to at least buy back alot of the calls I wrote, for quite a discount. My thinking is, I collected $15 apiece a week or so ago...I can buy them back for $2 or $3 bucks today...and then hopefully sell them again when we see some upwards momentum. In any event, the calls I am buying back are on such stocks as JDSU, ELON, SUNW, CMGI and IARC, so I dont mind holding them if we continue downward. With expiration still so far off for the aprils, I figure surely we will get an opportunity to write them again for a higher premium then what I am buying them back for.... Good luck to all Keith

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