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jenna

10/22/03 5:18 PM

#18782 RE: jenna #18781

"casualties" KLAC killed, MACR killed, ERTS killed, MERQ killed, CA mortally wounded, FDRY about even so far (after an intraday short). Lovely night again for the short/bear side. Nice big position taken in KLAC puts sold about 50% near the close but held a bunch through earnings. No suggestion was made remotely to pick up KLAC and MERQ calls for ANY straddle just short all the way.