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To: Berney who wrote (2462)	4/20/1998 8:40:00 AM
From: MonsieurGonzo	Read Replies (2) \| Respond to of 11051

Berney; RE:" SOX's and LEAP Leverage " Doing LEAPS on most of the TechStocks is like tryin' to squeeze blood outta a turnip, IMHO. The only stox (on the index) that exhibit any kind of growth to amplify with LEAP leverage are LLTC ADI and TXN - but even then, why bother ? The place for LEAPS is DRG.X BKX.X and XBD.X - it would be hard to find a non-growing equity to amplify with LEAP leverage in there, and the winners are astounding. You were prescient when you ran your model last NOV-DEC and posted that the broker-dealers had the best PEG and ratings in your F/A scan. Banker's Super Tuesday is tomorrow. I expect our auto sector to tumble rather quickly this week. If the XOI.X can't move through 490 with authority, BigOils should go down. IBM today; LU tomorrow; MSFT Wednesday; QNTM Thursday. -Steve