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To: julian hatfield who wrote (29278)	3/3/1998 8:21:00 PM
From: mike iles	Respond to of 53903

Julian, The gain is old news ... if I remember correctly it was $150M from selling 90% of the contract mfg. business. Normally, the market would ignore a 1-time gain like this when looking at earnings ... but this is a psycho bull market. How psycho was really brought home to me when MUEI announced they would have a 'significant' operating loss in the Feb. quarter but that it would be 'more than offset' by the $150M gain from selling the contract mfg. business ... which I guess means a 'significant' loss is <$150M. So after news like this what happens, whoa the stock goes up!!!! This is a psycho bull and playing the short side should be like shooting fish in a barrel.For me it isn't that easy 'cause I get carried away in putting too much into one option month ... need MB's discipline. regards, Mike