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Technology Stocks : Micron Only Forum

MU 241.14

-6.7%

Dec 12 9:30 AM EST

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To: Richard Russell who wrote (28470)	2/17/1998 2:43:00 AM
From: John Graybill	Read Replies (1) of 53903

I think a 35 close on Friday (+/- 1/4) is the best bet. The double-top (triple-top according to me) is now obvious to all, and we won't see any last-minute pimping from the usual crooks this time. Watch out for a quick, sharp down-spike Monday morning (2 1/2 points from Fri close?) to let the crooks sell a lot more 32 1/2 puts (heck, and some more 35's as well, they'll be buying them back for 1/8 on Friday close) to the suckers. But don't look for it to last more than an hour or so, if it happens at all. Nobody buying Feb 32 1/2 puts tomorrow has a snowball's chance of even breaking even. (A little late to be predicting Monday's open, yah I know.)

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