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Technology Stocks : Alcatel (ALA) and France -- Ignore unavailable to you. Want to Upgrade?

To: Kevin Podsiadlik who wrote (168)	11/1/1998 2:58:00 PM
From: Steve Fancy	Respond to of 3891

Thanks Kevin...FWIW, the same goes for the 2001 YZS leaps and I believe also the 2000 YLI leaps. Actually, one of my recent confirmations reads "+81 & cash". Fortunately I had all my ALA covered with 2001 YZS 30 strike leaps (37.27 on my calculator) when it crashed...I had expected ALA to drop, but not to 18. I had sold 'em around 9...have been buying them back between 2 and 3. Only have four left to deal with. I also own some Dec 22.5 options I picked up real cheap the other day. Hope to take a point or two out of these before they're done and over. Regards, sf