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Technology Stocks : Micron Only Forum
MU 344.97+5.5%Jan 9 9:30 AM EST
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To: Knighty Tin who wrote (5216)12/3/1996 7:59:00 PM
From: Skeeter Bug   of 53903
 
mike, i scraped together a little more $$$ and was deciding whether to shell out for some more puts or do something else with the bucks.

i thought long and hard about frim's reasons why the stock should go up. actually, it wasn't long. not too hard either. he doesn't have any reasons. bingo, i pulled the trigger and plan on taking more candy from these babies, though i did go out to april with some $30 strike prices.

such nonsense can't last forever. this is the typical greater fool theory. my friend bought iomega at $33. i said he was nuts. it went to $55 and he sold around $45 or so (i told him to dump at $54). it went straight to $13 or so.

i have the same feeling here. any longs getting nervous about the b to b??? you s/b :-) nervous what a $0.15+ loss will do to your baby nu? s/b, imho because everyone else is. the SHARP price decline at the end of the day (and the idiot taking possession of 600k mu at $36 1/4 - a day late and many, many dollars short - 1.2 million in several hours ;-) gives me hope that my jan 25s will eventually pay off :-)

i'd also be nervous about fundamentals from the underworld (speaking of 666 ;-)

what an interesting month - it is a thin line between love and hate. mu is about to put scourn into their present lovers :-)

good luck...
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