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Technology Stocks : Micron Only Forum
MU 294.490.0%12:14 PM EST

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To: John Graybill who wrote (32028)4/13/1998 11:55:00 PM
From: Peter Goss  Read Replies (2) of 53903
 
<<LMAO on the action after 2 pm today. All of a sudden at 2:00:00, every trader on the planet all at once decided to start buying everything in big quantities, all the way to the close? Yeah right! INTC Apr 75 puts might be just the stuff tomorrow.>>

John -

I think the INTC news may be just what the shorts ordered. I will be especially interested in their 2nd qtr outlook - can't be very sanguine. Also, I looked at new research note from Kurlack on MU and he is predicting a loss for this year and next year. If the shorts would just step away these things would be dog chow.

Peter
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