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To: im a survivor who wrote (5061)	12/12/2001 11:37:50 AM
From: pinhi	Respond to of 13815

Yea Keith, selling puts can be a good strategy provided that you don't overdo it. I remember when CIEN was at 50 and I sold the near term 45's for like $3. The stock went to over $60 and I thought the put premium was free money. The stock, as you know, went to around $11. Fortunately I had bought back the puts with a small loss. Anyway, you can probably get around 90 cents for selling the OPWV JAN puts. I'll look at doing that again when the DECs expire. Yea, Cashiers is great. If I couldn't live here, I'd probably be out west somewhere, but we really like it here. Yer Fren Pinhi