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To: ItsAllCyclical who wrote (57564)	12/29/1999 6:50:00 PM
From: ItsAllCyclical	Respond to of 95453

XTO - 2,000 May 10 Calls were bought today...how's that for a vote of confidence. quote.cboe.com a $262,500 options bet is nothing to sneeze at. Look for XTO to be higher very soon. A similar bet was made with VPI recently when it was around 10. Now VPI is around 12. Correct me if I'm wrong, but one of the methods of covering that many options (for the option writer) is to go long himself on the stock. Some of the movement today could be options related. XTO and PXD still great values even after today's moves. For the record PXD closed around 8 3/4 today and XTO closed around 8 7/8 I believe. Both should be bought heavy on any weakness/pullbacks. Still like PXD more since it's a balanced play though.