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Technology Stocks : Micron Only Forum

MU 263.78

+4.5%

Dec 10 3:59 PM EST

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To: Skeeter Bug who wrote (48880)	10/3/1999 1:16:00 PM
From: AurumRabosa	Read Replies (1) of 53903

Skeeter, I'm thinking of putting on half of my next round of MU puts tomorrow, just in case, and the 2nd half on any rally to $80. MU is toast! There is no shortage of DRAM chips and prices will crash as inventory builds up. Box makers aren't in any hurry to buy more DRAM because they can't get enough motherboards and graphics boards to build their boxes. Last week's puts were a triple and I'm expecting a bigger return next time when reality finally sinks in and spreads. As for the "scenario" of forcing conversion I don't know who has that kind of coin as MU trades half a billion dollars a day. How many billions and billions will it take to prop up this shell game?

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