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To: Jeff Leader who wrote (50775)3/14/2000 11:43:00 PM
From: Zeev Hed  Respond to of 53903
 
Jeff, I think they have been shorting against the block every time the stock got above their strike, about $67. I would not be surprised if it was all hedged, but I think that INTC and TXN might have limitations as to how much they can hedge, one needs to go the appropriate 8k to find out.

Zeev