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To: Linda Kaplan who wrote (55381)	10/13/1998 1:41:00 PM
From: Lee	Read Replies (1) of 58727

Linda,..Re: so wouldn't have expected the put to be bid at 12 now, but 4-3/4 seems surprisingly meager, doesn't it? Is there any way to predict anything about this phenomenon? Linda, I am no option expert but it may have something to do with decreasing volatility. A good place for info is the following site which states that the current volatility is 24 but I don't know what the historical volatility is. There is also an option calculator where you can plug in the numbers, including the volatility and see what the price should be. cboe.pcquote.com cboe.pcquote.com cboe.com Good luck, Lee

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