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To: Dale Baker who wrote (13578)	12/24/1999 2:39:00 AM
From: Dale Baker	Read Replies (1) \| Respond to of 118717

Opinions, folks. I have these RNWK shares at 140 that I was going to flip Monday morning for 10-15 points, hopefully. I'm thinking now I should hold the shares and sell January 155 or 160 calls for the same 10-15 points and hold the shares to see if they run. Maximum upside if I am called is about 30 points altogether and the downside is limited if I set a stop at 140 and buy back the calls at the same time. I would still come out a few points ahead. Writing covered calls will be a new part of the arsenal in 2000. Hard to argue with virtually free money.