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Technology Stocks : Micron Only Forum

MU 240.46

+1.7%

Dec 1 3:59 PM EST

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To: TREND1 who wrote (29811)	3/9/1998 6:39:00 PM
From: Patrick Koehler	Read Replies (1) of 53903

Larry, I agree that MU remains in a downward channel, and I remain biased to the downside. I hope to catch a little bounce tomorrow, then sell my longs, and go short again. The option open interest favors the 35 strike, but I don't believe that it matters much before the earnings report. The earnings report in expiration week is a play that happens only about 3 times a year, thus my studies and posting of past patterns, if anyone else was interested. Annual reports in Sept usually occur after expiration Fri, Patrick

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