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To: Alias Shrugged who wrote (5511)	12/17/1997 11:47:00 AM
From: The Perfect Hedge	Read Replies (2) \| Respond to of 95453

Anybody think we could have a close opposite of what happened yesterday?You can't tell with these stocks anymore-they're like a jack in the box.GD

To: Alias Shrugged who wrote (5511)	12/17/1997 12:58:00 PM
From: SJS	Read Replies (1) \| Respond to of 95453

Mike, GLM is sitting smack-dab in the middle of the two expiration points. It's anyone's bet if it trucks north to 27.5, or south and rests on 25. I think it will push to 27.5 over the next few day IF the segment moves as such. Your risk reward is now: you've got a 4X move already and you're looking for 8x upside, or complete loss of gain and investment capital on the downside. If it were me, I'd take my 4x, put it in my pocket, and work it on another series which will hopefully be equally as profitable.