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Technology Stocks : Micron Only Forum

MU 432.00

-0.7%

2:47 PM EST

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To: Trey McAtee who wrote (22579)	10/21/1997 7:44:00 PM
From: Skeeter Bug	Read Replies (2) of 53903

trey, amazing that some can't see the value in commodity pricing and that they feel better proving to themselves that my analysis is flawed instead of gleenign the relevent points and saving money. ratan has taken the right approach and he is thoroughly enriched. i do wish i had the benefits of my current experience 12 months ago. with a breakeven price of about $25 currently, though, i'm very comfortable that i'll get this education for free. if the dec put risk / reward ratio is till good (they'll issues dec puts in nov) then i plan on adding more puts and bring my breakeven higher. if mu blabs to the analists around nov 10th and there is a downgrade shortly thereafter then i will literally be a bank. bank of skeeterbug. i may take some cash and strictly gamble on the nov puts in early nov. i expect the downgrade to come before expiration of the nov and i expect a gap down. can i be any more specific than this? when it happens then i'll be called "lucky" ;-)

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