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To: john defreitas who wrote (13240)1/15/1998 1:41:00 PM
From: Glenn D. Rudolph  Respond to of 45548
 
glenn, sold apr27 1/2 covered calls and got $7...insurance if the call goes down.....even
though i thot i heard david faber on cnbc saying someone just went bullish on them...who
knows...we will find out soon
enough...regards,john


John,

Good luck. The market likes them. I have written naked puts at a strike of 30 and exited my long shares for the time being.

Glenn