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To: Labrador who wrote (47443)	11/3/1999 5:22:00 AM
From: KaiserSosze	Respond to of 152472

I agree Labrador. It was a tough decision that I wavered on for a while yesterday, when the stock was hovering around 220. And of course, after the market initially closed, and I was seeing trades in the 2teens, I thought I had made a good move. But, the best laid plans... So any good "exit" strategies in mind? Regards, Kaiser

To: Labrador who wrote (47443)	11/3/1999 5:29:00 AM
From: Labrador	Respond to of 152472

Two thoughts, one wait for a dip to buy back, and there may be one within the next month, when the next interest-rate hike scare stings the market. Another may be to wait for expiration and buy option back and in this way you won't pay a premium (and the premiums are healthy), but you'll take a loss equal to the difference between what you sold the option for its repurchase price. With this latter approach recognize that you will retain the shares which do have an offsetting appreciated value. By the way, I have sold options, but they were put options where one is required to buy the shares. For example, one may consider selling December 200's now, and if the price dips below 200, you'll be required to buy the shares at 200 (or close your option position). regards