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Technology Stocks : Micron Only Forum

MU 241.14

-6.7%

Dec 12 9:30 AM EST

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To: Sridhar Srinivasan who wrote (16750)	7/17/1997 6:27:00 PM
From: Kerry Phineas	of 53903

SS, lets hope at least some of the bulls made some money when the stock went from 45 in March to 33. I did buy puts when it was at 45 and I did sell some puts when it was down- not enough to pull in big cash, but thats the risk you take in buying calls or puts if you go for the kill. AND I did buy a number more October puts than July. My strategy involves not risking inordinate amounts of money and going for very large profits, so that my losses don't kill me but so that my profits more than make up for them. MU has about as much chance of staying up here as I have of winning the Miss America pageant (note that I would also have a problem with tight pants-g-). Good luck with your position (ie sell soon-g-).

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