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To: J. P. who wrote (150252)	2/8/2002 2:26:56 PM
From: yard_man	Read Replies (1) \| Respond to of 436258

that makes sense ... put holders get screwed 99% of the time. I may cover some if we don't break down here

To: J. P. who wrote (150252)	2/8/2002 8:34:54 PM
From: maceng2	Read Replies (1) \| Respond to of 436258

Depends what kind of poots and calls your holding. I have otm zeroed WCOM and AMZN Feb. calls (probably just happy to get any money back), and a few itm Feb. gold miner poots. They can all go to zero for all I care, but this maybe is the first time when I actually exercise some of them. OK so lets say I want to exercise a poot and I hold the stock. I just mash the "excercise" button, and watch my stock disappear, and it gets sold at the option price, and I get the cash. Is that correct? Just wondering... never exercised anything before. -g-