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To: Poet who wrote (132)	12/27/1999 12:16:00 PM
From: PAL	Respond to of 8096

Poet: You are doing very very well. I am learning from you as well. Right now you are white right about QCOM. I am staying away for the moment unless I am closing my position. Next week the number of contracts on QCOM will be multiplied by 4, and I have never exposed to 400+ contracts. Although accountingwise it makes no difference, but in the stock market, one point move in qcom will be magnified 4 times, hence even more volatile. We should thus watch what impact it will be on margin call. best regards Paul