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To: F The who wrote (5653)	6/11/1998 5:31:00 PM
From: slipnsip	Respond to of 164684

In a case as ugly as this, I am thinking of hedging again with Jun 60 calls. At 4 1/4 they are outragously expensive, but then again its only $4,250 per 1000 shares.. At least I won't go bankrupts will still participating in the slaughter that will happen soon enough..

To: F The who wrote (5653)	6/11/1998 5:31:00 PM
From: Andeveron	Read Replies (1) \| Respond to of 164684

>> Well, I hope this is only a paper loss and I am quite hopeful we may recover later << There is nothing worse than holding dead money. Whether it be a stagnant stock that stays within $1 range of your original purchase price or holding onto a stock, waiting for a turnaround months down the line, if ever. I went long on AMZN today near it's high, it's a freight train and it bucks all common sense, all rationale and any attempts to analyze it's valuation. I figure we'll see another 10-20 points on the upside next week.