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Technology Stocks : Micron Only Forum
MU 254.65+3.1%11:22 AM EST

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To: TREND1 who wrote (29492)3/5/1998 3:37:00 PM
From: Trey McAtee  Read Replies (2) of 53903
 
larry--hola--thanks for the headsup on SDRAM.

to all who are long at these levels...be careful. something very odd is going on. when i saw MU UP today, my mouth dropped open and i immediately went to the CBOE to find out what was going on with the options. to my suprise, the calls were DOWN and the puts were UP.

it looks like there is one hell of an imbalance, so it may get to 37-38 before it begins to fall again. i hope by then that the premium on the APR 30s is MUCH lower by then.

good luck to all,

trey
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