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To: James F. Hopkins who wrote (23396)3/25/1998 10:22:00 PM
From: Night Writer  Read Replies (1) | Respond to of 97611
 
James,
Smart move. I think a lot before making the buy. I count on being lucky after I make the buy. I get out fast if luck doesn't prove my thinking right on short term investments. I have arrived at this by noting that events are too dynamic. After I buy an option, something new happens that affects it. I have less then a fifty percent chance that it is the same event I thought would happen.

Incidently, Philadelphia Exchange is under pressure by the SEC to institute controls to stop front selling. President of the exchange resigned. Exchange handles mostly options. It was in the paper yesterday I believe. If you hadn't heard thought you might enjoy the information.
NW



To: James F. Hopkins who wrote (23396)3/26/1998 12:11:00 AM
From: Eddie Kim  Read Replies (3) | Respond to of 97611
 
Do you know if the April 30's are worth 100 shares or 250?
I asked my broker and he said they were worth 100, but I would like to make sure before i do anything.

-Eddie