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Politics : Ask Michael Burke

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To: valueminded who wrote (23485)	10/12/1997 6:01:00 PM
From: GuinnessGuy	of 132070

Chris, Thanks for your thoughts. Right now I have the MU Oct 35's, 30's, and 25's as well as the TXN Oct 110's and 120's. If I could only be assured that their stock price would be as sensitive to earnings as JBIL's then I would be pretty sure of making a killing this week. As you may or may not know, JBIL came in 2 cents above estimates but got killed the next day. If TXN were to do the same I venture to say that the stock would soar. In fact, if they come in anywhere above 90 cents I think my puts are dead meat. They are expected to do $1.12. Another thing to keep in mind is that INTC will be reporting Monday after the close(TXN reports Tuesday before the open) so that given a neutral earnings report on TXN's part, INTC's earnings will determine which way things go. I suspect that INTC will not disappoint. Should be an interesting week ahead. To check out who is reporting this week check out: biz.yahoo.com Craig

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