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To: Judy who wrote (14322)6/8/1998 5:11:00 PM
From: Andrew Vance  Respond to of 17305
 
*AV*--Somehow I find that hard to believe. I never could play basketball well since I got a crick in my neck looking at my opponent's facial expressions.

TBR-I almost got the Jul125 CALLs at the open, when the stock opened at 115 but it was momentary and got away from me. Lucky me since it retraced into the 112 range. I had the broker put in a $113.5 price as an entry price for the CALLs. When it traversed through 113.5 right after lunch EST, I was in. Took the plunge for 20 contracts (got it in drips and drabs) and am up about $1.25 per contract. What was the clincher for me was looking how the October CALLs were priced (premiums) and how they reacted during the day. Most of today was spent answering a few emails and watching the ticks on TBR. Nice 6 point swing for the day (hi to low).

Cindy likes this company a great deal and has been tempted to play the options on this. If things work out, I might exercise 10 of the contracts for a long term position. Then again, I do have a few weeks to watch how it moves<GGG>. Thanks for "brow-beating" me on this one since I really do not have many things on the burner these days.

Andrew