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Technology Stocks : Micron Only Forum
MU 284.79-0.7%Dec 26 9:30 AM EST
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To: TREND1 who wrote (26448)1/13/1998 4:38:00 PM
From: Patrick Koehler  Read Replies (2) of 53903
 
Larry, my computer may have lied to me. INTC was expecting .90 and reported .98. Still down from a year ago. At 4:30 eastern, INTC is up
one point, trading at 78.
Would expect this to raise the NAS tomorrow, but anything can happen.
The reason I bought MU puts at the close, was:
1. Computer giving me a sell signal on INTC
2. Close to a sell signal for MU.
3. Possible correction to last 2 day run up on MU.
4. Looking for MU to move toward the 30 strike price for Friday.
Patrick
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