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To: hpeace who wrote (903)	2/21/1997 10:38:00 PM
From: Jeff O'Brien	of 4749

Steve, On the IOM strategy for March, why not sell March 17.5's when the stock hits 19+ in stead of selling stock? If stock goes up, he keeps premium and stock is called away, but he still has March 20's to win with. On the other hand, if stock goes down, he keeps premium or buys it back at a small price and keeps the stock. Jeff O'Brien P.S. It's been awhile since I've posted here, but I always keep an eye on what all of you are doing here. I'm very happy for all of you with the great results your having. It's also wonderful to see all the sharing that goes on here. I've been reading McMillan's book as suggested, and others, and learning from all of you. Thanks!!

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