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To: Big Brother who wrote (13660)	5/6/1998 10:59:00 AM
From: Andrew Vance	Respond to of 17305

AV--After you get out and if you feel lucky, I would suggest buying the identical number of MAY35 PUTs once the stock shows some strength and the price for the MAY35s reaches roughly 2.5 such that you are risking 50% of your profits on future downward pressure on this stock. This way your original capital is preserved along with half the profits you made on the trade. If there is continued price erosion, you are covered with the identical number of PUTs and may make a little less gain than if you held the 50s but you have protected your capital and some profits in case we are wrong and the stock bounces back. I am watching very carefully and may be tempted to change my personal strategy should I see a reversal. Like you, a 50% gain on my principal should not be overlooked. Andrew