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To: zax who wrote (499)	1/17/1999 12:08:00 PM
From: re3	Respond to of 588

Eric, I have 1000 shares free and clear and another thou with a march 5 call sold against it...I own 15 june 10 calls...I have been thinking of a third thou, however, I am happy I waited. I nearly bought more when it last popped to 5 - 6 bucks... Don't the option mm's have to either lose their stock or maybe replace it at a higher price if it goes up ? I can't see who would accept about $ 300 US when the risk of losing the equivalent of oh, maybe 5 thou ? could be there. But if you own the stock and want extra income, the other side may have done a reasonable thing...i.e. not get greedy and be happy with 10 bucks in june... Meanwhile I am still debating on playboy...(not buying a mag but the stock)...The mkt cap of about 332 million intrigues me...But where would I get info on the profit breakdown, and what the 'net could earn them ? Are you looking at anything else. I am really hot on the cobequid on Vancouver...Smile and say fish vaccines... H