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To: Andy who wrote (12683)	4/25/1999 3:26:00 PM
From: Jimbo	Read Replies (1) \| Respond to of 41369

Andy - planning on doing the same either the 175 or 180s. Will be watching for a runnup on Monday and Tuesday !

To: Andy who wrote (12683)	4/25/1999 5:27:00 PM
From: Uncle Frank	Respond to of 41369

>>Thinking about covered calls: I noticed a $2.12 Premium for May 195's. Looking to sell some calls on Weds am after huge run-up. Any thoughts? If you're selling the calls as a hedge against retracement, I'd suggest you look at buying puts instead. On the downside, the cc's will only protect you a few percent, and if the stock should happen to continue to run up, you'd lose all of the upside. CCs are a great strategy if you expect the stock to drift down slowly or stay flat. imo, and from hard learned and costly experience, Frank