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To: waverider who wrote (51874)	11/27/1999 11:32:00 PM
From: Uncle Frank	Respond to of 152472

>> we are having a difficult time attaining the same premium that we did BEFORE the current downdraft and returning runup. I don't think I have seen this type of lag in such a short time. The January series is getting long in the tooth, Rick, and premiums are being reduced at an increasing rate. I sold my aafax's (January 390s) on Friday because of the rapid decline. Though the price of the common was higher than when I acquired them, I was more than a few points upside down when I closed the position. I hate it when that happens <g>. Franq