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To: pater tenebrarum who wrote (99645)	5/4/2001 1:32:43 PM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 436258

Well SI frenzy abated and I bought a bundle of EUN.WS today. Yesterday they bid it up to 3.4 at lower Euro exchange rate by .0040. With a leverage of 50 that is $0.2 As the FED will lower interest rates by May 15 I will not be surprised to see the Euro over 0.95 this summer. That will work out quite nicely for the EUN.WS or ..... $ 50 x .055 = $2.75 or over 80% gain from today Would like to have the IV of the Euro to make more intelligent arbitrage. Thanks Haim