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[Moving stop down on Mbna Corp (KRB) Puts/Stop on June 27.50 Puts (KRBRY) now contingent on stock above $26.38]

Dear Member,

Mbna Corp is moving downward a bit and I am following it down with a stop on my June 27.50 puts (KRBRY). My stop to sell the puts is now contingent on the stock going above $26.38.

DISCLOSURE: At the time of publication, I am long the June 27.50 puts on Mbna (KRB).

Sincerely,
Bill Kraft for
CutLoss, Inc.

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