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To: ViperChick Secret Agent 006.9 who wrote (15945)	3/22/1998 8:36:00 PM
From: Broken_Clock	Respond to of 95453

lisa- tell me about it. I lost on my NE calls i bought in Dec. My picks for most up this week CDG EVI UTI and the biggest short squeeze candidates are DO and GW. ooohhhhh!!!! aaahhh!!!! Think those 6,000,000 DO shorts are grippin' there ankles this weekend? If not, there's always Monday morning. DO oughta pop the most. At least a 2 pont gap then the real fun starts. Remember last fall? After the open these puppies wouldn't look back. They'd just climb all day. I expect every time we get another producer jumping on the bandwagon we'll get another boost. OSX blows thru 113 tomorrow by 11 am. 115 is no problem. 128 is the real test this week. Can anyone say SHORT SQUEEZE!!!! The only people feelin' worse right now are the Duke Lowlifes...the biggest flops since Arizona...what a difference a day makes. Go Utah...go Stanford! We love underdogs here in the OSX. Oh yeah...S & P down 5.9 in the last hour. Can't seem to find any solid footing. Duhhhhh....wonder why? Hey, why be shy. I've been beaten down by the shorts for too long. This sector turned south on Nov. 3....my birthday! FGII broke my heart(well, pocketbook anyway). It's time to get even. PK Most far out prediction for this week......drum roll....... Luc might even buy calls tomorrow.

To: ViperChick Secret Agent 006.9 who wrote (15945)	3/23/1998 5:11:00 AM
From: Dwight E. Karlsen	Read Replies (2) \| Respond to of 95453

Lisa, in re options expirations week...little experience I had Friday and Sat: I held Mar. 45 calls in DO (Diamond Offshore). I was very busy with "real work" the week of expiry, so on Friday I did nothing. I had never simply let calls expire in the money, and didn't even know if they would be worth anything, but with the increases in DO stock price Wed. and Thursday, I decided I would let them ride. After market close I realized my DO calls closed worth over $2. So on Sat., I got a call from Schwab. I had expected they would sell the calls for me at the close (like I say, I had never let calls expire in the money before), but instead the broker informed me that they had excercized the call options. Now, without taking a second mortgage on my house, I don't have the dough to put up the cash. However, I was told by the e-Schwab mano that I had all day Monday to sell the stock without taking what is called a "free ride". So,.....Cool!!!!!!! I had told him Sat. to sell the stock at the open, but now I'm cancelling that order. I'll sell them at my whim tomorrow. I still can't believe they came back into the money. On Monday last week they had to have been practically worthless. Love it! I'm getting a free day on those calls. Just thought I'd "share" that. DK