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To: Finder who wrote (8922)	7/17/1998 2:24:00 PM
From: matt fahy	Respond to of 12559

Finder, Thanks, that makes sense to me. Volume has tapered off for whatever reason, options expiration, friday going into weekend. The reiteration of buy didn't help move us at all. We should capitalize on this concept if it holds true more than not. I would like to see more volume kick in at last minute, still have 1:30 left in trading day although Fore looks like it is flatlining just above the strike as you thought. Matt

To: Finder who wrote (8922)	7/17/1998 4:45:00 PM
From: Bruce L	Respond to of 12559

I noted something that relates to the artificial nature of pricing at options expiration. My quote service (MyTrack) at the close showed the last trade as being at 25. For awhile it even showed 24 7/8. Yet the Level II screen never showed a MM bid at less than 25 1/16. At the end, the best bid and ask were both 25 1/8. I think the MMs wanted to make it seem that it would not make sense to exercise the July 25 calls which are exercisable through noon tomorrow. I did have the 25s and did exercise them. I expect a pop on Monday.