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To: Lucretius who wrote (4768)	10/28/1998 1:20:00 PM
From: wlheatmoon	Read Replies (2) \| Respond to of 14427

interesting tidbit from your buddy Cramer. There is a bear stalking the box makers, or at least that's what it looks like from the floor of the Philadelphia Stock Exchange, where the box maker index options trade. This morning an institution bought 1,000 of the December 130 puts with the index up 2.64 to 163.16. The play is essentially a bet that the computer hardware firms will get battered over the next 90 days before the December options expire. The December 130 put was trading for 1 7/16 ($143.75) at midday. mc