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To: Jerry Olson who wrote (39217)	12/24/2000 11:41:59 AM
From: Gersh Avery	Respond to of 42787

Thanks OJ .. Same to you

To: Jerry Olson who wrote (39217)	12/24/2000 1:37:09 PM
From: dennis michael patterson	Read Replies (1) \| Respond to of 42787

Best Wishes to you Jerry!!

To: Jerry Olson who wrote (39217)	12/25/2000 11:05:22 AM
From: Haim R. Branisteanu	Read Replies (2) \| Respond to of 42787

Thanks OJ, Happy Holidays to you to. Strange we are in the same boat I am also long since last week ......but hedged (sold calls to take advantage of the high IV). Do you or any one else know if there is an actual VIXN index published by any exchange? It is the volatility index on the NAZ comparable to the VIX on the OEX. Based on Barron's of this weekend VIXN hit a spike of around 60, not seen since April 18 this year and higher than October 1998.(page MW11) Also would appreciate the exact formula to calculate the VIX and apply to VIXN if it is not published. Haim