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To: Jan Crawley who wrote (18819)9/28/1998 4:23:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 
Glenn, we are Ok!

You bought 1200 shares under $109 on Friday, right?
Your Oct 115 covered call gives you $8 premium?
You have lots of flexibility here.

My 200 shares box is open; (opened on Friday at $109)
shorted 200 at 117 3/4 today,
bought 100 shares at 113..

Hope everyone else is Ok too.


I did every thing you mentioned plus wrote 5 naked Oct 130 strike calls for 5.

Glenn