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Technology Stocks : Micron Only Forum
MU 246.95+4.1%3:59 PM EST

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To: DavidG who wrote (24933)12/9/1997 4:16:00 PM
From: Patrick Koehler  Read Replies (1) of 53903
 
David, just now reading the posts. Regarding your question on what
puts I have, I sold 20 Dec 30's at 3:30 (4 1/4), about 15 minutes too
early! MU dipped quickly to 25 1/4 and the MUXE bid to 4 5/8.
I continue to hold 20 Dec 25 puts, and will use them for protection
against my long plays until expiration. I expect to maybe go long
tomorrow, and back to shorts or Dec 27.5 or 30 puts by Friday or
Monday.
Patrick
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