Continuing the IFMX discussion and more... Message Board

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Strategies & Market Trends : Continuing the IFMX discussion and more...

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To: Melissa McAuliffe who wrote (187)	9/15/1997 1:27:00 PM
From: Marq Spencer	of 206

Melissa, I do not plan to hold my ORCL options through the announcement. Even if it means that I break even or lose a little, I do not want to risk losing it all (if the news isn't great, the options will go to zero very quickly). Regarding IFMX, it is already under 10. I think it will head to 9 within the next couple of days. My Sept. writes should expire worthless - I might buy them back for 1/16 or so, on Friday. I also expect IFMX to revisit the 10.75 mark around the end of Sept. or first week of Oct. - Brian.

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