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To: BW who wrote (6777)1/17/2002 5:52:10 PM
From: Bucky Katt  Read Replies (2) | Respond to of 48461
 
Boyd, re: INVN, yesterdays dump in INVN, and todays jump in INVN was simple to figure (as you know, I sold all my shares, but play the INVN options) because I knew with the new (and loco) FAA rules that go into effect Friday.
A primer on TIMING>
Message 16793627

I knew I was going to make some serious coin this morning when I saw INVN machines on several different newscasts. Again, if you are a trader, this is easy as it can possibly be. I had $30 & 35 jan calls, picked up on the dumps since we talked about the upgrade, today they returned 400-600% I figured the talking heads would just talk this FAA thing to death, and the buying would come in, and the timing worked out perfect;-> Risky on the timing, but I have horse-shoe luck...It just falls in.
quote.cboe.com

So we both made bank, again!!
________________________________________________________

Now, from the insane file, this>

By Gary Gentile
AP Business Writer
Thursday, January 17, 2002; 1:46 PM

LOS ANGELES –– The new federal law requiring airport screeners to be U.S. citizens is unconstitutional and discriminatory, a lawsuit filed Thursday charges.

Nine screeners who could lose their jobs sued Secretary of Transportation Norman Mineta and John Magaw, the undersecretary of transportation for security, in federal court.

About 20 percent of the nation's 28,000 screeners are not citizens.

The law barring noncitizens also could compromise airport security by eliminating experienced screeners, said Ben Wizner of the American Civil Liberties Union of Southern California, an attorney for the plaintiffs.

Comment was not immediately available from Mineta or Magaw.

"When I learned about this law, I was deeply hurt," said plaintiff Vicente Crisologo, who has worked at San Francisco International Airport for more than two years. He said legislators should remember "their forefathers were once immigrants, too."

Crisologo, a permanent legal resident, came to the United States from the Philippines about three years ago to be closer to his son and two grandchildren. The former pharmaceutical company sales manager won't be eligible to apply for citizenship for another two years.

The citizenship requirements will be felt keenly at San Francisco airport, where about 80 percent of its 800 screeners are not citizens, said Andrew McDonald, spokesman for the Service Employees International Union. At Los Angeles International Airport, an estimated 40 percent of the 1,000 screeners are non-citizens.

And they wonder why people do not want to fly???