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To: Somsri Srirath who wrote (15418)	4/20/2000 11:32:00 AM
From: Jeffry K. Smith	Read Replies (1) \| Respond to of 35685

My suggestion, depending on your margin situation and what you feel are the short-term prospects for the stock, is to sell near term somewhat out of the money calls. I believe the co. announces after the close tonight. I saw somewhere where the whisper # had been moved up (at the last moment???) to a gain, rather than a loss. I find that hard to believe. Unclewest thinks the co. has strong prospects in the l.t., Ole49r thinks they are going lower. Maybe check the ELON thread and PM a few people to decide if/what strike to sell. Best, JKS