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To: Web2 who wrote (4099)	10/26/1997 3:45:00 PM
From: taxikid	Respond to of 11888

opts would make the stock worth more as it could be pushed abouve margin and hedged with cheap puts and i would have been a rich pig- because at $7 $5 puts sell or 1/8 or less- especially when people are extreme bulls in an extended stock- plust there is no "fear of loss" due to what was the illusion of strength- a $5000 buy @ 1/8 would have been equivalent of being short- {at 12.5 per con=100sh}=400 contracts= 40,000shares x like 1.75= like a 1500% RETURN ON MY INVESTMENT-} oh well- taxi