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To: Zeev Hed who wrote (9687)	2/3/2001 7:09:44 PM
From: mishedlo	Respond to of 13572

I am quite aware of the risks. I have a lot of faith in the turnips however. gggg I do not intend to ride these out to maturity, but I see this all as a risk/reward scenario. Right now, from what I gather, the odds seem quite heavy on my side. The shorter term the options, the more unwinding I will do. Another cut right now seems extremely unlikely, and in fact could actually panic the markets into a "what the hell is happening" scare as much as it could give them a big bounce up. Friday gave me quite a nice cushion to work with. Give me another day of this on Monday and I will be well in the comfort zone. M