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To: ItsAllCyclical who wrote (58816)	1/20/2000 5:26:00 PM
From: upanddown	Read Replies (1) \| Respond to of 95453

Jim Thanks, I'll call tomorrow about exercising my XNG calls. There may be an automatic exercise but I have never before exercised for a cash settlement. I actually have most of the E&P's you mentioned. At the time I bought the XNG calls for little more than a buck, I was looking for a return to the previous highs around 160. Remember how the NG spike above $3 was a cinch for the sure-to-be cold winter? <vbg> This may help the XNG tomorrow. WMB, a company hardly ever mentioned here but the 2nd biggest cap in the XNG came out with very impressive reserve increases at the bell. Big jump in the last hour. biz.yahoo.com John