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To: Mark Peterson CPA who wrote (104582)	2/24/1999 3:58:00 PM
From: freeus	Read Replies (2) \| Respond to of 176387

I dont really understand "volatility" at all: it isnt just volume, is it, its how volume changes plus how the price fluctuates? How does one understand this more? Perhaps for a while I should just stick to buying leaps and longer term calls. Freeus

To: Mark Peterson CPA who wrote (104582)	2/24/1999 3:59:00 PM
From: Ashley Campbell	Respond to of 176387

Thanks for the advice Mark!

To: Mark Peterson CPA who wrote (104582)	2/24/1999 4:23:00 PM
From: edamo	Respond to of 176387

mark: re:micro-managing... very well put...the first thing any options buyer/seller needs to grasp is the volatilty factor...for it is from the volatility that positions can be set, with no need for adjustment...barring a unforeseen event...ed a. p.s. who have you hired to polish your chandelier?