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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: Skeeter Bug who wrote (24717)	12/4/1997 7:17:00 PM
From: MR. PANAMA (I am a PLAYER)	of 53903

I am Back..everyone turn off your TV's and tune into the GRIM... SB...i have recently bgt some long term MU calls for some....the positions are small and represent only 1-3 per cent of option positions...they were bgt not for the earnings but because I feel that the far east problems shall result in a slowdown of output of DRAM...Korea has to abide by certain "constraints" to get that money and for their long term survival...otherwise the bailout will be meaningless....so they will have to curb growth and this will be a strronger force than the DOJ could ever expect to do...hence we will see price appreciation down the road....I prob will not even trade these positions like i do most other stock options since they are longer term and if they fall 50 per cent then i will buy more and go out another period of time....i might trade the stock (long and short)...

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