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questor

11/28/02 5:42 PM

#50206 RE: leon #50194

Leon: Thanks for your comment. It's good to have one's presence acknowledged occasionally.

What I intended to say was that I do not allow any investment within my small "gambling" account to ever exceed 10% OF THAT ACCOUNT, not 10% of my total at-risk investments. You are quite right -- I would not today put 10% of my TOTAL investment capital in a single option or stock, although I did do so in the early days.