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To: Judy who wrote (2100)	5/30/1996 8:27:00 AM
From: Constant Reader	of 58727

Judy: Yes, I reported the CSCO in error: June60 puts @ 5 1/2. Now you can tell me what's wrong with that, but I don't think I did as much potential harm as the IOMG play. I have LOTS of CSCO as you know and as Im not selling why not get paid for keeping it? At worst I buy more for about $55. I value the stock in the 70's so I wont mind. Otherwise I took something just "sitting around" and added a small premium to it. Chastened, and impetuous, as I am, I guess I should say here on thread that my ill-considered IOMG play was tiny (1 unit) and that I still hold 100 IOMG shares. I appreciate the concern expressed by you and Michael. Regards.

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