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To: Joseph G. who wrote (6389)	9/18/1998 9:44:00 AM
From: Defrocked	Read Replies (1) \| Respond to of 86076

The Japanese banking situation has been a core issue for me in my bearishness. Unfortunately I need additional info. on agency structure and size of bailout fund. Given past experience, however, solutions are never quickly implemented in Japan under the LDP. I have noted that yen is weaker today against dollar.

To: Joseph G. who wrote (6389)	9/18/1998 9:51:00 AM
From: IceShark	Read Replies (1) \| Respond to of 86076

Looks like the put index holders took a slap upside the head on the open. Well, I guess I'm not getting sued in cyber space. I don't understand why this guy started the ball rolling in the first place. It isn't like it's a new concept. PK, a sometime player on MU has been calculating the point and using the term for a couple years that I know about - hell he introduced me to the machinations of options and the underlying equity moves. Oh well .... Regards, IS