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To: Gregg Powers who wrote (9387)	3/25/1998 10:13:00 AM
From: DaveMG	Read Replies (1) \| Respond to of 152472

Leaps I know I just joined the thread and I keep asking all these dumb questions but here's another...I'm looking at the Jan 2000 50 and 60 Leaps calls. Any opinions on which are a better deal. Where can I find out the delta?About how much would the Jan 50 be worth if the Q goes to 75 by the end of the year? Thanx Jan 2000 50 ask 14 1/8 60 ask 10 1/2

To: Gregg Powers who wrote (9387)	3/25/1998 10:20:00 AM
From: Harvey Rosenkrantz	Read Replies (1) \| Respond to of 152472

Murphy, Biderman and Frezza the three apostles of cdma doom have been thoroughly discredited by their unrepentant and unrelenting denigration of the technology even in the face of technical success and acceptance. Every once in a while one of them issues a half hearted concession. It would serve them better to admit their mistakes and recognize the viability of cdma. By the way, now we know what Ramsey was doing in Beijing. Instead of being a simple tourist, he must have been laying the groundwork for this bevy of announcements from China. Thank you for your efforts Mr.Su.

To: Gregg Powers who wrote (9387)	3/25/1998 10:33:00 AM
From: bananawind	Read Replies (1) \| Respond to of 152472

Gregg... re: "cognitive dissonance" Well put. Looks like you've been reading Charlie Munger's excellent lectures on worldly wisdom that were published in Outstanding Investor Digest (OID). For those without access to OID, Munger attributes his success (and that of his partner Warren Buffett) to keeping a relatively small number of models in mind when trying to evaluate any problem or set of facts. The models are derived from many disciplines, ranging from genetics (evolution) to engineering (feedback loops). In the second half of the lecture published this month he talks at length about using the most important concepts in psychology, among them cognitive dissonance. Highly recommended reading in my opinion. -JLF