Kodak Puts Jump; Stocks Higher

Stocks are modestly higher Wednesday following a slightly
stronger-than-expected durable goods report. Semiconductors and gold and silver
are performing the best while Internets performing the worst.

At mid-day, the VIX has decreased .41 to 24.67.

The OEX October 790 calls are up 3/4 to 5 1/4.

Among bigger movers on heavier-than-average volume:

Eastman Kodak
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continues to be under pressure, falling 3 15/16 to 40
9/16. The Kodak January 01 60 puts are up 4 5/8 to 20 3/8 on more than 4000
contracts.

Yahoo!
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has fallen 6 15/16 to 95 9/16 as Internets remain weak.
The Yahoo! October 100 puts have gained 4 1/2 to 11 on more than 3000 contracts.

3Com
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is up 2 13/16 to 16 3/4 following its better-than-expected
earnings news. The 3Com October 15 calls have added 1 1/4 to 2 1/4 on more than
2000 contracts.

Nortel Networks
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has fallen 3 1/4 to 62 1/8 while the Nortel January
01 55 puts have gained 1 to 5 1/2 on more than 4000 contracts.