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To: Sowbug who wrote (13948)	11/5/1999 6:02:00 PM
From: Mark Peterson CPA	Read Replies (1) \| Respond to of 19700

Sowbug, I think the Y2K bug is going to have as much adverse impact on the market as a 6 inch snowfall in Philly. Everyone's going to look at the snow, shovel the driveway, and go to work wishing it had snowed 2 feet and they could stay home for a few days... A possible hedge with no 1999 tax consequences? Sell out of the money calls with expirations a few months out or longer. No problem getting out of the driveway? Then buy them back if you no longer need the hedge. JMO, Mark

To: Sowbug who wrote (13948)	11/5/1999 6:15:00 PM
From: daffydog	Respond to of 19700

Just because everyone is expecting everyone to have the same response to Y2K (massive panic selling) is a sure fire indicator that nothing of the sort will happen. I will be ignoring Y2K, and I have no question that if there is any disturbance in the force, it will be small and transient. I anticipate that many will fake themselves out of our current tremendous tech bull run, and kick themselves in the future. We'll see soon. MGG