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To: edamo who wrote (3524)	2/24/2000 11:09:00 AM
From: SecularBull	Read Replies (3) \| Respond to of 8096

Yes, Ed, I think that you've hit the nail right on the head when it comes to the misunderstanding that many investors have regarding put selling. The experienced put seller is prepared to have the stock put to him, and he has the capital to back it up. I think that many put sellers are taking a much bigger gamble than you would be, because they are not giving as much consideration to the capital requirements needed to hedge the downside. You're prepared to have the stock put to you. Are they? Probably not. Regards, LoF