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To: PAL who wrote (117926)	4/15/1999 5:35:00 PM
From: edamo	Read Replies (1) \| Respond to of 176387

paul...<ot><ot> got the 01200 aol's 15x84.875....agree, tremendous premiums in cmgi...i'm a bit anal though...only sell puts in concert with my long holdings...i went long aol last week on an impulse..not the best of timing..felt a bit of redemption with the put sale this am...also closed some cpq's that i let run a bit long...hoping they would expire in january...but we know the cpq story...i'm attempting to learn a bit more about cmgi before i go long...i'll trade the options, but i like good "inventory" on the common...should i want to write calls...cheers, ed a.