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Technology Stocks : juno.com (JWEB)----IPO -- Ignore unavailable to you. Want to Upgrade?

To: Lucky888 who wrote (459)	12/31/1999 2:43:00 AM
From: allen menglin chen	Respond to of 510

Thanks Lucky. I cannot borrow JWEB for my friend's account. So the best I can do is buying puts. (I don't think he can sell options). And I know MM have to protect themselves when JWEB was so volatile in those 4 days. But I'm quite surprise that my puts are growing so slow. I'm losing time value, plus last 2 days JWEB vol is going down, my puts go up simply because JWEB goes down "fast" enough. If I can predict JWEB ~ 25 by mid Jan, my puts would worth about $15 for my $5 7/8 "investment"!