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To: hpeace who wrote (17508)	2/17/1998 12:32:00 AM
From: Analog Kid	Respond to of 97611

Steve- Nice to see you back from SMOD land. I almost pulled the trigger on those guys in Nov. but instead bought AMAT which was a mistake. I might pick up some Feb. 35's as they should blow-out on Thu. I've got a question regarding your put spread....since your short put is in the money and can be executed at any time, what do you do if that happens? I know you're safe now, but what if SMOD had dropped a few points after you stepped in and someone executed your short? Just curious.....DM