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To: Jorj X Mckie who wrote (11350)	3/29/1999 7:36:00 PM
From: The Phoenix	Respond to of 12559

Nice analysis. I agree 100%.. whatever you said.. Yup! OG

To: Jorj X Mckie who wrote (11350)	3/29/1999 9:15:00 PM
From: DGG	Read Replies (1) \| Respond to of 12559

If you are holding calls, what kind of stop do you plan on using when the stock trades 16? Unless they are 15 strike or below, they won't have much value to them, particularly if the market makers for options figure, like you, that a deal is not in the works. Could you elaborate a bit without necessarily giving away your position structure? I trade using a combination of stock and options and am always interested to learn more about how others trade with options. Thanks in advance.