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To: wlheatmoon who wrote (8165)	8/2/2000 6:55:45 PM
From: chic_hearne	Read Replies (2) \| Respond to of 436258

MKC, I know I'm playing with fire by going long and writing calls on RMBS and INKT, but the premiums are enormous. Yesterday I got 10% on RMBS August calls, only 13 days until expiration!!! I don't expect to be right every time, but even getting some right will give you some decent returns. I'm going 2 different sectors, chip and Internet. I'm thinking of adding in a B2B stock as those have crazy premiums also. The Intel developer forum is on August 22nd, so hopefully my RMBS will have enough life in it that it gets called away. Also, I'm doing this with less than 10% of my funds.....