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To: Elwood P. Dowd who wrote (53923)	3/18/1999 1:47:00 PM
From: Mao II	Respond to of 97611

El: What's the options sitch? M2

To: Elwood P. Dowd who wrote (53923)	3/18/1999 3:51:00 PM
From: Kenya AA	Respond to of 97611

El: I really don't know too much about the effect of options expiration on price action, but from what I've heard from the talking heads, it doesn't have nearly as much impact as in the olden days (2-3 years ago). I would think that after tomorrow - expiration out of the way and everyone who hears and believes Kumar is out - we will have seen the bottom. Of course, since M2 already called the bottom, we've already seen it, but we could re-visit tomorrow. Maybe I'll buy more! Of course Kumar has timed this call for max effect! He's trying to make a name for himself and he's got Danny Boy for competition. It's all part of being an analyst. Making the big calls (if you're correct) make you the big bucks. He may be wrong, but he's not STOOPID! BTW, Kumar is noted for doing his own comprehensive research - he's definitely a field operative. K PS: GOOOOOOOOOOO PFE!!!!!!!!!! YES!!!!!!!!!!!!!!!