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To: yard_man who wrote (29972)	3/12/1998 9:43:00 AM
From: John Graybill	Respond to of 53903

Nostradamus is gonna be holding the bag in eight days. Option expiration is next Friday, and Big Money will burn all the people who thought they were gonna keep their easy money they made on March calls. I say that starts tomorrow before too many people get a chance to cash out. Remember there's only been the one-day INTC panic, so a lot of people holding calls look at the percentages and figure it's worth the gamble to hang on, or to create a spread to lock in some premium. I'm moving my 401K to cash at today's close.