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To: SE who wrote (13366)	4/22/1998 3:04:00 PM
From: Jake's mom	Read Replies (1) \| Respond to of 17305

You've got to be kidding. What genius wrote this? Jake's mom (and I thought those of us trying to follow HCFA rules had it tough)

To: SE who wrote (13366)	4/22/1998 3:38:00 PM
From: Andrew Vance	Respond to of 17305

AV--Thanks for the update. While we are on updates, I guess there is no rule covering a $38 purchase of NVLS on 2/6/98 and its subsequwnt run up of said same stock today at $49.625 ???<GGG> With today's run up and my previous comment about a nifty 50, I had to sell some covered CALLs (May 50s at 2.5) against this stock to keep my bases covered along with buying some PUTs (MAY45s @ 1 7/16) to profit on the down side. But just in case, a few cleverly purchased CALLS (Jun55 @ 1.5 or less if it retraces slightly) should suffice, if we get a minor retracement before it runs up some more, as protection on the upside. Andrew