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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?

To: Nicholas P. Acquaviva Jr. who wrote (556)	10/27/1997 10:12:00 PM
From: John H.	Respond to of 18998

Nick - That was a Dec 40 put, and you are indeed correct. I bailed from that one to nab some action on KLAC, which turned out well. I'm assuming the market is going to pull up a bit from here, at which time I'll put MICCF again. What I'm wondering about is DRYR; they only dropped 1 1/2 today (the bid is actually up from the low of 41). Float is 2.8mil, with a short interest of .18mil. Insiders have been selling and excersicing, but not buying. John H.

To: Nicholas P. Acquaviva Jr. who wrote (556)	10/28/1997 11:35:00 PM
From: John H.	Read Replies (1) \| Respond to of 18998

Nick - How did you do on today's market? I bought LLY calls at 1 1/8 (averaging down from a lesser purchase at 4 1/8); glad to see they closed up; a change of luck for me...... L'Pink must be having quite a time right now! No doubt they've called him back to Geneva to accept the keys to the city!!! John H.

To: Nicholas P. Acquaviva Jr. who wrote (556)	10/29/1997 1:39:00 AM
From: John H.	Respond to of 18998

Nick- Methinks the market has given everyone a case of the vapors; perhaps a bit of brandy and vigorus fanning with a copy of Investor's Business Daily might be in order . A few cigars might be necessary to maintain the necessary blood pressure.... John (Hellooooo, is anybody out there... ) H.