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To: David Semoreson who wrote (12367)	4/29/1998 11:06:00 PM
From: Linda Kaplan	Respond to of 213177

David: The real question is whether my LAAAGs will ever catch up. I'm down quite a bit in those. Instead of almost doubling up and averaging down in my LAAAGs, I bought some May 22-1/2s: AAQEX. I confess (for the edification of those new to trading options -- I am not new, just inept) I made a mistake when I placed the order on line this morning, and I sold the calls instead of buying them. Brown & Co kindly "busted" the trade for me. I did a similar thing at Waterhouse last month and they did the same. In each case they offered to try to "bust" the trade. In fact, Waterhouse phoned me about it when they saw I was trying to buy back -- they could see there was something funny about the first trade because of the limit price that I'd set. But this morning I called Brown & Co, said I'd made a mistake and asked what I should do. They offered to try to "bust" it. After they did, (whew!) I bought the calls I'd been trying to buy when I sold them instead: AAQEX. If you're looking at strategy, ignoring the mistake about placing the order. I picked least safe in time factor but very safe both in strike price and amount of premium. The safety did cost me, since I had to pay much more for the 22-1/2s than the 27-1/2s, (but not $5 more!). Linda