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To: russwinter who wrote (1360)6/11/2001 4:06:00 PM
From: Frank Pembleton  Read Replies (1) | Respond to of 4051
 
My hedge book calc:
16.1 spot deferred
2.7 Lt call write
0.7 St call write=
total 19.5 minus 2.8 St calls in 2001=
net hedge 16.7/3.8= 440%

I'm going to save your post, an see if I can reverse engineer it from the numbers in the annual report.

It'll do me some good :)

Regards
Frank P.



To: russwinter who wrote (1360)6/11/2001 4:25:14 PM
From: goldsheet  Respond to of 4051
 
Fair enough.


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