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To: patron_anejo_por_favor who wrote (101798)	5/12/2001 9:36:19 PM
From: mishedlo	Read Replies (2) \| Respond to of 436258

Patron - I am seriously considering On the Money (strike 80) 2003 leaps on FNM. Way out of the money does not appeal to me cause if the big break is is delayed then perhas not much is to be made. Look at the ask on 03 strike 80's. If we even correct just to last Nov on FNM I see a 3 bagger. We have 1 1/2 years to be right. Now if FNM gets volatile as hell at any time then on a quicker plunge we could have a 5-6 bagger perhaps. Am I wrong about this? I am seriously considering 03 leap puts on Monday. M