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Technology Stocks : Micron Only Forum

MU 265.94

+7.0%

Dec 19 3:59 PM EST

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To: DavidG who wrote (26938)	1/22/1998 12:06:00 AM
From: Skeeter Bug	Read Replies (2) of 53903

dave, logically, i think you are right. however, the prevailing mood isn't logical. everyone is expecting a big turn around that may or may not happen. mu at $32 is much less expensive than mu at $60 given the future outlook. you may be right that now is a good time to buy puts. however, higher prices would not amaze me. kind of like the difference between infity and infinity plus $10. contrary to your flames, i do learn. i've been here, done this before. i will wait for the right time and then pounce. if it doesn't come then that's ok. but, if it does... :-) good luck.

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