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Technology Stocks : Micron Only Forum

MU 232.59

-2.1%

Dec 16 3:59 PM EST

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To: johnlea who wrote (29404)	3/5/1998 11:46:00 PM
From: Kerry Phineas	Read Replies (1) of 53903

Johnlea, most of my money is in cash, but my only stock account is 200% short. I also have an options account that is heavily into puts. With Intel, I think the problem is that they cooked their numbers for December and not whatever excuse is going to come up in the near future, and that they've been gradually cooking the books for a while. Also, I guess they feel it necessary to take on a slightly different business structure for a while until they are able to leapfrog their competitors again. MU is in deep kimshee but that doesn't mean its going down in the near future, although it should be likely.

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