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To: isopatch who wrote (71294)	8/21/2000 2:24:09 PM
From: Winkman777	Read Replies (3) \| Respond to of 95453

RIG/FLC merger: Like the market, I'm not enthused. Falcon is still my biggest holding - about 40%. Luckily I sold covered calls on some. Mar 35's for 2 and Sept 25's (in RO IRA trading account) for 2 this am. But a little joy just entered my heart. Caymen Islands = low taxes. RIG should hit 70 and maybe more. Wouldn't it be nice if stodgy ole DO would get RIG into a bidding war. They have the cash. I had a hunch that DO wanted Falcon cheap, but said that downturn didn't last long enough. Can't complain too much - another all time high today. Good luck all. Winkman