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To: Gutterball who wrote (24048)10/11/1999 6:09:00 PM
From: Jan A. Van Hummel  Respond to of 27722
 
Fletcher has essentially an open-ended option to the extent that
when they sell they'll convert if the stock goes higher, and buy back
cover when it goes lower like it did today.

Would not be surprised if they started that game already today.