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To: yagang liu who wrote (130439)	8/22/2001 6:32:51 PM
From: craig crawford	Respond to of 164684

just like hj and i were only papertrading xoi calls ;-)

To: yagang liu who wrote (130439)	8/22/2001 7:24:58 PM
From: H James Morris	Respond to of 164684

>Does this mean nobody bought any? No, it means the institutional desk doesn't report options. Neither do the hedge funds. Btw Do you want an update on B2B? >Trust no one: The correlation between analysts' and companies' forecasts of profitability on one hand and actual performance on the other seems nonexistent. Heck, even profitability itself last June was no measure of future profitability -- note the fates of fallen B2B firms Ariba (ARBA:Nasdaq - news - commentary - research) and i2 Technologies (ITWO:Nasdaq - news - commentary - research). But last June, investors were believers: Among etailers and B2B stocks, at least, there appeared to be a correlation between speed to expected profitability and company valuations, as measured by price-to-sales multiples. thestreet.com