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To: Scott Shumaker who wrote (6760)	1/6/1998 5:41:00 PM
From: Teddy	Read Replies (1) \| Respond to of 95453

RE: "Is this possible? Have these stocks made that strong a recovery before?" Scott, pull up a long term chart of any of them. My humble prediction is new highs for almost the whole sector in less than 3 months.

To: Scott Shumaker who wrote (6760)	1/6/1998 5:53:00 PM
From: SJS	Respond to of 95453

Scott, You're absolutely right. With no averaging down, you've got a percentage gap from the downside back up. It's the same point count....right, but percentage wise, its double. I've been averaging down on many, which will help, I hope. I won't need such a large percentage to make back. However, I do own some RON in the 70's, and that's scary. Seeing how it moves though, I can move 10 points in a couple of days. UFAB is way off it's high too. Not that I bought there, but I your 40% numbers are not that far off. It not going to get any easier for a couple of months, and we've got more downside. I have been selling calls into this, too.