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To: XINLING DENG who wrote (110472)	9/20/2000 7:06:04 PM
From: Jim McMannis	Respond to of 186894

XD, RE:"A few month ago Lehman brother released part of their position in SEC filings, and showed 93 million dollar puts on INTC, also 3 billion dollar puts on S&P500. May be big part of those puts were losing big money, so the downgrade came very close to last Friday to rescue the lose. Just my thoughts on the subject. " You could be right. I certainly don't discount it. These guys are masters at opportunity... Jim

To: XINLING DENG who wrote (110472)	9/20/2000 7:31:50 PM
From: Road Walker	Read Replies (3) \| Respond to of 186894

XD, I would like to see a link to the Lehman SEC filing. John

To: XINLING DENG who wrote (110472)	9/20/2000 7:57:52 PM
From: Elmer	Respond to of 186894

Re: "A few month ago Lehman brother released part of their position in SEC filings, and showed 93 million dollar puts on INTC, also 3 billion dollar puts on S&P500" Those may have been short positions. EP