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To: r.edwards who wrote (21524)	6/5/2000 11:36:00 AM
From: Voltaire	Read Replies (1) \| Respond to of 35685

Expect this action going into wed. afternoon and then we should get stronger by the end of the week. v

To: r.edwards who wrote (21524)	6/5/2000 11:59:00 AM
From: RR	Read Replies (1) \| Respond to of 35685

That option seems a deal at around 14. Would like to get for less. At 14 the stock has to move up 7% to breakeven. Not bad for 3 months out, although I usually like to go 4-6 months out as you know. I am not buying a large number of contracts the way I do with JDSU, SDLI, or CREE. This is just a short term trade. What am I looking at? I still like JDSU and CREE primarily. Currently in JDSU, CREE, SDLI with calls, and a few QCOM leaps as I've reported on here. Watching MTSN, PMCS, SCMR, BRCM on the "RR Radar Screen". On a pullback, I'll buy Dec JDSU calls, maybe some more CREE, but JDSU is first. RR