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Technology Stocks : Micron Only Forum

MU 344.97

+5.5%

Jan 9 9:30 AM EST

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To: DavidG who wrote (19865)	9/20/1997 11:56:00 AM
From: Trey McAtee	of 53903

david- guess you dont know much about me. a year ago i was a bull. however, the situation was different. then you had the transition to 8"wafers and intro of 16Mb parts with costs coming down and demand going up. now, we have: expensive transition to 64Mb declining demand for core product when it goes into the 20's, i will start taking a position. but that wont likely be until late november, early december. and for the record, i dont buy puts. i short with stops. only got burned twice, during the run to 60, but the drop from 59 has more than made up for that. good luck to all, trey

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