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To: IceShark who wrote (34742)	4/19/1999 8:20:00 PM
From: Bill F.	Read Replies (1) \| Respond to of 86076

ice ice baby (BFG)-i know the feeling about exercising.i can be a big shot couse i manage a fund(BG).if you get that c section early will you share it with moi?

To: IceShark who wrote (34742)	4/19/1999 8:32:00 PM
From: Terry Whitman	Read Replies (2) \| Respond to of 86076

Maybe you could get that guy that developed that fake Bloomberg page to do you a WSJ C section. As soon as he gets out of jail. <g> I did a bad thing today. Got shook out of my GGO on the mid day dip. SOBs took it down just far enough to get my shares. <ng> Shouldn't complain about a profit I guess, but it really smelled bad-there were only 2 trades at my stop limit. Don't worry though, I caught ABX on a dip with the proceeds <g> Expecting a gap up tomorrow. XAU (not XUA, Bill <g>) closed on it's highs.

To: IceShark who wrote (34742)	4/19/1999 8:41:00 PM
From: B.REVERE	Read Replies (3) \| Respond to of 86076

Ice Shark, this newbie option player bought asnd 90 puts last wednesday at 1 1/4 expiring april, 99. Ascend closed at 89 and I thought I would lose 20 % on the trade thinking I would get assigned the 1 point differential on the close. Instead, Watrehouse calls and says they've exercised my options and I have 24 hours to cover. I say why didn't they assign and get a "mumbo jumbo" that's up to the mm's answer. I bought them back at 182 later today. My question is, who decides which holders of ITM contracts get assigned and who gets exercised? Thanks for any help.