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To: Velocipher. who wrote (9343)1/22/1998 9:59:00 PM
From: Big Dog  Read Replies (3) | Respond to of 95453
 
As far as I know, Y2K has nothing to do with rigs. The surveys and inspections are for the seaworthiness and structural aspects of the rigs. The classing agencies could care less what goes on on board the rigs as long as they are safely floating and operating under their intended uses. (I sold TPRO.) ALL rigs have their inspection cycles.

Rob -- Thanks for the covered call thread link. I wrote some covered calls today on FGII. This is an area that I want to learn more about since it appears to be a "easy" way to make money. After all, MOST people that buy options LOSE money. That mean the guys that sell the options must usually MAKE money...right? (I know that is simplistic, but I do like being on the receiving end of a decaying premium!)