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

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To: Robert Graham who wrote (198)	9/22/1997 5:01:00 PM
From: Melissa McAuliffe	of 206

Bob, So I spent much of the day thinking that the options weren't trading because I was trying to get the quotes online through PCFN the way I always do. So I finally called and it turns out they were trading and I could have closed my position at 3/16. I don't know if they were at 1/16 today but I would imagine they were when the stock at 6 1/2. However, I think do this tomorrow then see what happens with the stock. As I said earlier I am very happy writing covered calls at 10 every month until the stock moves. But I think this company is in some serious trouble here this time. It doesn't really matter )whether Finocchio was there when it happened,(IMHO) it doesn't change the facts. And no matter what anyone thinks, I still think 1997 numbers are now suspect also. Melissa

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