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Non-Tech : LEH LEHMAN BROTHERS
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To: Bill March who wrote (123)5/7/1997 10:14:00 PM
From: j. w. kampfe   of 315
 
Bill,

I didn't sell anything. Thought about setting a stop loss at 40
for 30% of my liquid holdings when it was trading at 41+. Kind of
glad I didn't. Given the kind of day we had on what turned out to be only rumor, can you imagine what it is going to be like on the BIG day? If we're willing to drive up LEH like we drove her today
on a "tip sheet", with the all interest rate senitive stock getting crushed, I think it is easy to assume the next time a run to 50 will be even quicker. I heard at the end of the day, most of 25,000+ call option contracts that were bought today were still
open and trading at a premium (many MAY 40's).



Jamie ... not selling until more than 50.....

Tomorrow could be more exciting than today...

Maybe my post #43 yesterday was luckily.
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