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To: The Perfect Hedge who wrote (19774)	4/20/1998 8:50:00 PM
From: seadust	Respond to of 95453

Beeble OT PFE ** Beebs... Check out the following site for the last 30 days trading on this puppy,get a good feel for the daily price spreads, in particular look at 3/30,3/31,4/7,4/8,4/14-4/16. There's some big boyz playing in this game. I think you'll see some $3 to $8 divergence from lows to highs on some of these days and it aint all straight up. On one of the accounts I'm trading we've been in/out of this puppy from $94. We've been using stops to protect our profit and buying back in at an appropriate time when we've been stopped out. I know the stock is hot right now, but I totally agree with LUC that it's going to take a hit real soon. I also agree with the others that suggested that, if you're sitting on a double, dump half and get your $$$ back. If you are going to initiate the calendar spread you might want to get yourself some downside protection with long puts. tradepbs.com All IMHO. Best of luck....WK