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jdaasoc

01/15/03 6:24 PM

#65341 RE: Zeev Hed #65339

Watch IBM get creamed with all those writeoffs of intangibles.

I got some Jan 80 short PUTs worth about a dime that concievably go underwater if this gets nasty. I going to spend my dime after making a couple of dollars today.

PLus the dilutive effect of secondary offering to offset pension libility. I could go on and on.