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Non-Tech : E*Trade (NYSE:ET)

ET 16.91

-0.4%

11:12 AM EST

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To: ISOMAN who wrote ()	4/4/2000 8:20:00 AM
From: SLSUSMA	of 13953

Don't short the underlying security; selling calls and buying puts are more fun. 9% drop in the stock translates into a nice drop in call premiums and a nice jump in the puts. As for MSTR, a nice profit on April 80 puts after the bounce back from their earnings fiasco. EGRP is far from boring; any stock that can drop 9% in one day and drop from $72 to $20 is fun to play with. Kansas? What a terrible place to be; thank God I ain't in them wheat fields. Master traders like you and the rest of the E-Groupies ought to know that as well.

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