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jenna

10/23/03 5:20 PM

#18823 RE: jenna #18822

Okay here comes MSFT. In the real-time trading room we chose a straddle (the november 27.50 puts and the 30 calls) the entire position cost $0.90) Now we won't have the fabulous profits we had with the tech wrecks, however if the position itself moves up to say $1.20 or that would be a big gain.. and so on.