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BELIEVER

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BELIEVER

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Re: sal826 post# 2201

Wednesday, 06/14/2006 10:38:14 AM

Wednesday, June 14, 2006 10:38:14 AM

Post# of 28061
Sal-

You could look at it as a call option buying 4M shares
slightly out of the money at $.10 with the purchaser of
the call betting that the PPS will be much higher in the
future. The only difference is they are not buying this
for Aug or Nov calls but now or within a month or two
weeks or 10 days.

Mike
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