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Technology Stocks : Network Appliance

NTAP 107.32

+4.0%

Nov 21 9:30 AM EST

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To: Jacob Snyder who wrote (7251)	3/22/2001 5:16:26 PM
From: Uncle Frank	Read Replies (1) of 10934

>> bought NTAP puts at the close, June 22.5s. Those would be NULRX. Today's last sale was at 5 1/8, and the closing bid was 5, so you're down by 2.4% so far. It will be interesting to track your progress. I'll put them on my tracker. Please let us know if you close them out before expiry on 6/15/01. >> Will cover when we set new lows. Perhaps you should make that "IF we set new lows", Jake. Remember what Mr. Buffett said about people who think they can predict the market. Can we say that you've officially switched your persuasion from Value Investor to Bear? uf

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