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To: idler who wrote (65665)	2/1/2000 10:35:00 AM
From: Jim B	Respond to of 152472

i've got feb puts.. and I'm holding.. also picked up feb 155 calls in my wife's account.. holding both to see whether $140 is broken and run to $155 ensues... or whether we fall back near $115 on profit taking.. no one at this point really knows what will happen after FOMC... if 50basis points occurs the whole market could tank sending us back down to test $100... if .25 and good future outlook then we might do well.. especially with further good news.. wasn't gonna hedge my puts.. but with them actually signing a deal.. i figured I had to ; we'll know by thursday just whether or not this run will be sustained ; hope by running up too fast we're not setting ourselves up for a steep decline on profit taking.. and shorts moving in jim