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To: Patrick Slevin who wrote (13890)	5/18/1998 10:42:00 AM
From: Andrew Vance	Read Replies (1) \| Respond to of 17305

AV--Bummer Patrick, since I was not able to go back to it and try to get my free stock<GGG>. How about sending it through private mail again to allow me the "golden opportunity" Andrew

To: Patrick Slevin who wrote (13890)	5/18/1998 10:44:00 AM
From: Andrew Vance	Respond to of 17305

AV--SFAM at 21.75 was added to the portfolio as a "takeover rumor" for the July timeframe (SEMICON WEST). At these prices, it is now worth looking at. Andrew

To: Patrick Slevin who wrote (13890)	5/18/1998 10:44:00 AM
From: Andrew Vance	Read Replies (2) \| Respond to of 17305

AV--I am trying something different right now. I just bought 1000 shares of YHOO at 117 and sold 10 Jun120 CALLs for 6.375 for a June Play. My hope is that YHOO does nothing and I walk away with $6300 and a stock worth $117/sh. If it runs to $120 or above, I get CALLed away for a $6150 gain on $117,000 for a 5.25% gain for the month. If it drops to $110, I will cover the CALL and sell a lower CALL that should have just as much premium associated with it. Somewhere along the downward spiral (if this is what happens), a cheap CALL could be purchased to cover the upside. The downside is a precipitous drop in price but it looks as if a 5% gain is a virtual guarantee here. DO this every month for the next year and you have a 60% return. I am hoping to get CALL'd away, mind you, but could handle the downside action. Even with a break even downside, eventually the stock could get CALL'd away on the upswing which gives you a minor loss when CALL'd away. FLASH: Has AMAT gone over to the NYSE??? Andrew