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To: Dr. David Gleitman who wrote (9190)	3/26/2000 8:35:00 PM
From: Percival 917	Read Replies (1) of 35685

Evening Doc, Just back from Chattanooga and catching up. Regarding your paper loss, it seems to me that you have an actual loss of $20 a share on the example you gave. You bought more of the stock about to be called at $240/share. It is then called away at $220/share, protecting your original shares at $150 but your account is 2K less per contract. Or is your paper loss and my actual loss the same thing? Did I miss something? Joel

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