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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (331)	8/7/1996 12:13:00 PM
From: space cadet	of 132070

Merrill Lynch today upgraded MU to accumulate from hold and MU is up to 25 last I looked. Mike, what's your take on this? Is this a good time to add another third to our put positions? Or should we hold off because MU could make it up to 30 again? What are you doing? A lot of cynics around here say these questionable upgrades are a chance for the brokerage's big customers to get out of a stock with less of a loss or even a profit. Any truth to this rumour IYHO?

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