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To: Joseph G. who wrote (4818)	8/31/1998 2:20:00 PM
From: IceShark	Read Replies (1) \| Respond to of 86076

wow! remember 65-70 is some kind of support J+, Yea, that's what the chicken entrails types over on the zon thread have noted. I'm sort of in a quandary about rolling down. I've got almost no premium anymore, but would have to pay through the nose if I went with new puts. I suppose I could sell calls but am afraid of a bounce. I also can't figure out for the life of me who the heck is buying the stock outside of day traders and option writers hedging or unwinding a hedge. I would think any long would be kicking themselves in the butt and cashing out given everything that is going on. Even that zon perma-bull William H. threw in the towel last week and sold, and I believe he had a ton of it, like blocks (BTW he got quoted in the WSJ today, J got written up a few months ago, when are they interviewing you?) -g- Regards, IS