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To: GST who wrote (41675)	2/21/1999 9:41:00 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

That is why I am interested in LSI, the good news is not yet in the stock -- for INTC it is more than in the stock. I am convinced that the INTC touts are selling it. I sold some covered calls on INTC on Friday. I will have to see how it acts because the calls expire in March. Time premium will dissipate quickly. Calls are not a good reason to hold the stock but it is fine if the stock does not move. LSI has not been volative enough to give much premium as of yet. Glenn -- the only short term concern I see on gold is that many. many people seem to believe that you should see gold and the yen trade in the same direction -- a selloff in yen signals a downturn for gold. I do not think it is that simple, but the short term reaction is to see gold drop a bit here I think. I agree that a weak Yen which makes for a strong dollar should drop gold. However, if the central banks stop selling gold, the demand will outstrip supply. This "may" occur soon. Gold demand is at its all time high. Glenn