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To: Box-By-The-Riviera™ who wrote (74244)3/1/2001 9:17:37 PM
From: pater tenebrarum  Read Replies (2) | Respond to of 436258
 
no telling when the recognition point will be reached...but this morning, banks sold off across Europe on 'credit concerns'. since the puts are very cheap, the timing is less of a problem imo...see my '98 example.