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To: mike jolley who wrote (1592)2/17/1998 12:31:00 PM
From: Tom D  Respond to of 164684
 
<<Somebody besides you thinks this one is going to take a nosedive>>

At the time that the April 60 puts were 6 3/4, the April 60 calls were 8 1/2. Given the stock price around 61, these seem to suggest a neutral long-term outlook by the street. The large premiums reflect the volatility of the stock.

Best Regards,
Tom D