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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (66757)	8/25/1999 10:42:00 AM
From: valueminded	Read Replies (1) of 132070

Mike: One I am evaluating is a bear spread on Micron, am hoping for a little more of a pop. Could have done the oct call 55's and 50's yesterday for a net credit of 4 but am hoping to get a little higher strike prices and a little further into future. Jan would be nice. Risk reward of 4:1 is good, but Micron has legs at the moment and no sense in standing in front of the train. What you think?

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