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To: Lucretius who wrote (6395)	12/31/1997 5:21:00 PM
From: SJS	Read Replies (1) \| Respond to of 95453

Hi Lucretius, Glad to see you stuck around. I've been gone for a week or so. I bought some March NE 22.5 calls, and trying to decide if I want to trade them, or hang with them. They've appreciated about 60% or so. But there's lots of time. I suspect by March NE will be between 35 and 40, especially coming out of Q4 actual and Q1 suspected earnings. Alternate strategy would be to now write Jan 30's and lock some profit that way. Then write some Feb 30, 32.5's or 35's. Then do March. Suggestions? PS: Glen, Mike, Thean, Brad....everyone: HNY (Happy New Year).