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To: WeisbrichA who wrote (42522)	5/16/1998 12:36:00 PM
From: Geoff Nunn	Respond to of 176387

Rich, I think the stock would still have closed at $90. There is no reason to believe trading of additional options at other strike prices should have changed the outcome. Put and call options are nothing more than side bets on the direction and magnitude of movement in the underlying stock price. While options trading certainly can influence the stock price, the stock's fundamentals ultimately fixes the price of the stock. It's the price of the stock that determines the value of the option, not the other way around.