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Technology Stocks : Micron Only Forum

MU 231.49

+3.1%

9:37 AM EST

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To: TREND1 who wrote (25342)	12/15/1997 4:19:00 PM
From: Patrick Koehler	Read Replies (1) of 53903

Larry, well, we got our trade at 22, 10K shares at 4:13 on the NAS. I'm looking for 20 on the downside for my 30 Dec 25 puts, if the report is bad. If it is a surprise, like .15, and they put a good spin on coming quarters, and the tech stocks poised to jump, the upside by Friday could be 27-28. So I bought 30 Dec 25 calls at 3/8 as a hedge against my puts. I just believe MU will not stay between 22.5 and 25 for the rest of the week. Patrick

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