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To: Jenna who wrote (13399)	8/25/1998 2:54:00 PM
From: Jack of All Trades	Read Replies (1) \| Respond to of 120523

Anybody think MRVT is at a bottom of $6? This was $15 last week.

To: Jenna who wrote (13399)	8/25/1998 3:24:00 PM
From: Jenna	Respond to of 120523

sold 3 OEWUD September 520 puts at 8 1/4 (market) entry at 6 7/8 and 2 at 8 1/2(market) volume 4,060. I get e-mail asking why I don't buy 10 or 20.. well the answer lies in risk management and risk tolerance. I'd rather get a steady 500-750 dollars per trade with a clear head than risk 5000-7500 and I do buy 10 but only if the price of the puts/calls are closer to 3-4 a call/put. The latter trading style will catch up with you for sure and there will be a cost to pay, but the former can be done over and over again with nice results. Out of all positions except CMVT calls. In 96% cash.