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To: SE who wrote (7152)	7/15/1997 3:51:00 PM
From: Jeffrey S. Mitchell	of 17305

Re: Call me insane, but I just bought 150 BORL July 7.5s at 1/8... earnings are expected Thursday night. Considering the stock was just at $6 a few days ago, asking it to go to 8.5 is quite a stretch... but BORL is a powderkeg. It'll either fizzle or explode based on earnings. I figure since owning ALYD is like minting money, I can risk $2K to maybe make 4-15K. Heck, if the options go to 1/4 I double my money, right? They say as long as things keep coming up 7s, keep rolling the dice. - Jeff

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