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To: McNabb Brothers who wrote (19685)	10/29/1997 1:32:00 PM
From: Chuzzlewit	Respond to of 176388

Hank, your advice on diversification should become a mantra to all investors! I simply cannot understand how a sane investor could possibly justify a non-diversified portfolio. The potential risks are astronomical. You cannot diversify away market risk, but business risk is diversifiable. Years ago I read a study that showed that about 90% of business risk could be eliminated with a portfolio of about 12-15 stocks in different industry segments, and I think this is excellent advice. Regards, Paul

To: McNabb Brothers who wrote (19685)	10/29/1997 3:02:00 PM
From: hpeace	Respond to of 176388

mcnabb, no one made up lies about your positions... I have no idea what your positions are. It seems to me that the posts I made required no gggggggggg's since it was an obvious poke fun at your being bearish on a stk that is up hundreds of points the last 2 yrs and will continue to rise more up til their earnings.. Sorry , you took a joke that should have been obvious as I was serious.. GGGGGGGGGGGGGGGGGG I'll put the g's this time. By the way, when a stk is falling the premium on the calls isn't there enough to warrant writing them.