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Non-Tech : The Gap -- Ignore unavailable to you. Want to Upgrade?

To: John T. Hardee who wrote (8)	3/20/1998 5:12:00 PM
From: John T. Hardee	Respond to of 189

The complete list of the 1998 Business Week 50 follows: The 1998 Business Week 50 Rank Company Ticker Location 1 Microsoft Corporation MSFT Redmond WA 2 Dell Computer Corporation [Nasdaq:DELL - news] DELL Round Rock TX 3 Cisco Systems, Inc. CSCO San Jose CA 4 Intel Corporation [Nasdaq:INTC - news] INTC Santa Clara CA 5 Compaq Computer Corporation [NYSE:CPQ - news] CPQ Houston TX 6 MBNA Corporation [NYSE:KRB - news] KRB Wilmington DE 7 Tellabs, Inc. TLAB Lisle IL 8 EMC Corporation [NYSE:EMC - news] EMC Hopkinton MA 9 Computer Associates International CA Islandia NY 10 Morgan Stanley, Dean Witter DMWD New York NY 11 Schering-Plough Corporation [NYSE:SGP - news] SGP Madison NJ 12 Pfizer Inc [NYSE:PFE - news]. PFE New York NY 13 Applied Materials, Inc. AMAT Santa Clara CA 14 US Airways Group, Inc. U Arlington VA 15 Merck & Co., Inc. MRK Whitehouse Station NJ 16 Travelers Group Inc [NYSE:TRV - news]. TRV New York NY 17 Gap, Inc. GPS San Francisco CA**********************^^^######## 18 Schlumberger Limited SLB New York NY

To: John T. Hardee who wrote (8)	3/20/1998 11:38:00 PM
From: LEE SWIFT	Read Replies (1) \| Respond to of 189

Thanks for the input John. I have been buying the GAP at 43 and selling at 46. I have NO idea where it will go but a lot of times stocks will retrace themselves. That was why I asked what broker recommended that it be sold short. With this market I am reluctant to sell ANYTHING short. I follow about 50 stocks and own about 40 of them. At some time during the year some news will take every one of them down and NOTHING goes up forever. I always buy on bad news and usually sell covered calls against the stock immediately after buying. Each month less than 50% are called so I just sell the next months calls.My IBM 105 March expired today so IF it gets around 104 I will sell the calls again. Often I can do better selling calls than buying and selling the stocks. Sorry I kind of got carried away. Lee Swift