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[Closing LEAPS Position on Taiwan Semiconductor (TSM)]

Dear Member:

Taiwan Semiconductor (TSM) has stalled at a resistance so I am placing an order to sell to close my Jan ''08 7.50 calls (WBBAU at a limit of $3.80. If filled, this will result in a 7.9% gain before commission.

DISCLOSURE: At the time of publication, I own the referenced calls.

Sincerely,
Bill Kraft

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