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To: Rajiv who wrote (2657)3/18/1998 1:55:00 PM
From: Anthony  Read Replies (1) | Respond to of 8218
 
Thanks a million, for some reason I thought you can only sell when the option is in-the-money and hence will loss all of your investment if the option is out-the-money until expiry date. Now that you clear that up I think option look attractive if you are right more than wrong in speculating the direction of stock. Thanks again.