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To: Jill who wrote (4466)	3/9/2000 9:49:00 AM
From: SecularBull	Respond to of 8096

Buying Q(west) Jan '01 $50 calls this a.m. LoF

To: Jill who wrote (4466)	3/9/2000 10:44:00 AM
From: Cosmo Daisey	Read Replies (1) \| Respond to of 8096

Jill, Tough question on JDSU, who knows where it's going. QCOM has corrected so it's probably the most stable of the techs but if the market comes down Q* will also. I am becoming increasingly cautious about the market. You mentioned the SI'ers who are multi'$ not having the same problems but there is a different problem. We need to take money off the table and put it where? The struggle to come to terms with 6.5% CD's compared to a 30% run in your favorite stock will drive you nuts. However when you reach critical mass you have to protect the bank. If you don't and you lose it you have two choices. One is get a job and the other is stop by the pool store and pick up a length of hose, get a six pack of Bud Light, connect the hose to the tail pipe, run the hose in through the window, start the engine and snap open one of those Bud's. Aw the hell with, go for the regular Bud. Covered calls? Sounds good. cdaisey@guinness.com

To: Jill who wrote (4466)	3/9/2000 12:51:00 PM
From: salini	Read Replies (1) \| Respond to of 8096

Thanks for the response, Jill. I could kick myself for not selling when it was higher. I think I am just going to exercise all 5 of the March 200's. Poet has been graciously educating me about building a portfolio, so I think this is probably a good place to start. Still am unsure about the April 220's. I vowed I would never get myself into the same mess I did with Qcom by holding my calls through split. The 2 for split dilution will hopefully be a better risk than Qcom's 4 for 1. The rumor of the second split has lots of intrigue(rhymes with greed). All feedback most definitely appreciated. Salini