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Non-Tech : Just For Feet (FEET)

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To: Walter High who wrote (292)	8/14/1997 10:35:00 PM
From: Mark T. Heath	of 750

I got out at $19 3/16! I look like a genius now. I wish; I sold out of frustation actually. I bought back my $22 September covered calls for next to nothing and made a nice profit on them. Then took a small loss on the sale of the stock. I was glad just to get out. Now, after seeing the fall, I'm elated! In stead of trusting my gut or market savy (Ha!), I should get frustated more often. Funny thing happened today, I got my FEET shareholder discount card from the company today! 10% off everyting in the store! You may be right. Remember when this stock tanked to $14 only to rally back to $21 in less than 6 weeks? If this stock tests that $14 support level next week after the earnings come out, I might come back in anticipation of a potentional 40% to 50% gain potential like you are refering to. But the overall story of the company must remain intact; decent growth coupled with an overall good economy. I'm a little scared to try the naked options on this one. I'm guessing you probably have more capital to work with than I do. Best of luck on it and I'll keep my eyes open too. What day is the earnings due out?

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