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To: Marvin Mansky who wrote (35416)	12/14/1999 11:58:00 PM
From: Dr. David Gleitman	Read Replies (1) \| Respond to of 41369

We seem to be traveling in similar circles. I also own sunw and Oracle. You may be able to get a quarter point or so for the December 85 on sun. That could give you approximately $1000 by options expiration for the premium. Sometimes, as for example today, I picked up another thousand shares of aol at 88 and change and immediately sold the December 90 calls for three points. Even if I were to be taken out at 90 for those thousand shares, it still yielded me and additional three-point premium for the three-day period between now and options expiration, which doesn't seem to bad to me. thanks for the return, David Please forgive the minor grammatical errors, I'm using Dragon naturally speaking. While it is not perfect, it sure beats the hell out of banging that keyboard. What a tremendous life saver for the office.

To: Marvin Mansky who wrote (35416)	12/15/1999 11:11:00 AM
From: Yaacov	Read Replies (1) \| Respond to of 41369

position in Sun Microsystems at 126 (62.5). I just bought 4,000 shares of SUNW at 75.75. I hear it is up on Instanet in sympathy with Oracle. So you are not alone. The option game is so upsetting"" Marvin, at least you made money when you sold SUNW! You did the right thing, took home the gain and then you cry! gg From what I read two days ago, Dr. Gleitman has done much worse, he shorted and lost! BTW if you can afford to trade blocks of 4000 at one time, why play with the options? Good trading, Yaacov