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To: Lane who wrote (52154)	7/18/1998 3:36:00 PM
From: Mohan Marette	Read Replies (1) \| Respond to of 176387

And this is a 'problem' for you???<gg> I am not qualified to give financial advice but I'll tell you what I would have done if I were in your shoes,I would have exercised the option and bought the stock instead of selling the option and taking the profit provided my overall financial position allowed me to do this. Hope you hear from more knowledgeable people on this.

To: Lane who wrote (52154)	7/19/1998 12:26:00 PM
From: PAL	Respond to of 176387

Very good question! Taxes should also be considered. Maybe some of those knowledgable in this area could help. If you sell the calls, you are subject to s/t capital gains. That is given. If you exercise them (can be anytime before expiration), do you include the price of the calls in the cost basis? Don't mean to answer question with a question, but taxes can be the deciding factor. Thanks for any info. Paul