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<I'd like to find out more about "options">

I assume you're talking about stock options that are available on the various market exchanges, and not the stock options that are used as incentive pay. There are a couple of books you should read: Lawrence McMillan's Options as a Strategic Investment and James Bittman's Options for the Stock Investor.

Also, go over to the Mechanical Investing Message Board and search on the authors sparfakle and Ravt and on the subject 6/3 Options.

Finally, keep uppermost in your mind that these options are a wild ride--unlike anything you've ever seen. I've gone from having a portfolio wiped out to having one increase by 400% in consecutive quarters. Risk and money management discipline are especially important for this kind of investing.

Finally finally, a friendly injunction: don't spend a penny on options until a) you fully understand what you're doing, and b) you're prepared to lose your entire investment inside a couple of months.

Hope this helps.

Eric Hines

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