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To: Bill Harmond who wrote (29658)	12/11/1998 4:35:00 PM
From: James Thai	Respond to of 164684

I'm just passing on some good advice I got once about investor psychology. When a bull sells out, it is most-difficult to maintain objectivity for a while because he is still rationalizing his decision to sell. I guess you could also say there's no one more bullish than a bear who just sold out. I just reversed and converted my puts into calls at around 218 this afternoon. Kinda worried that we didn't break this morning's high, (hmmm worried on a 9 pt up day? :) but hopefully momentum can carry us through to Jan and YHOO announces a split then.. James.