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To: Michael Block who wrote (12774)3/24/1999 12:49:00 PM
From: Moneysmith  Respond to of 37507
 
To Mike Block..re options you need an account first.

Then buy the puts which give you the right to sell..I would now look at the $9 strike price currently offered at .85. If the stock craps out you can sell the put for a fat profit which will offset your loss on the shares or exercise the put and sell your shares at $9 even if it is trading at $6.