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Technology Stocks : Micron Only Forum

MU 253.10

+12.1%

11:44 AM EST

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To: Ashok V. Bankley who wrote (4989)	11/30/1996 3:32:00 PM
From: Kerry Phineas	of 53903

AB, many of the more knowledgable people on this thread(compared to me, anyway) would argue that buying puts is a much more intelligent, less risky, route. Shorting the stock opens you up to the risk of a runup, possibly huge losses, whereas with buying puts you have the risk of them expiring worthless. I guess you could short the stock and buy an out-of the money call to protect you from a runup. Personally, I'm in the midst of changing brokers, so I'm waiting until I can buy puts and possibly calls. There are a lot of experienced people on this thread and Michael Burke's thread that love to give their opinion (one person that really loves to give his opinion is Steve Covin).Good luck.

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