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Technology Stocks : VLSI Technology - Waiting for good news from NASDAQ !!!

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To: Linda Kaplan who wrote (4437)9/25/1998 12:12:00 AM
From: Trey McAtee  Read Replies (1) of 6565
 
linda--

well, i dont have puts on dell or MSFT but i do have some on AMZN and a few on CSCO. i will probably sell the CSCO manana since at the end of the day, its a real company.

MU on the other hand has a special place in my heart. its like that geyser in that national park(my memory has gone to hell, ESPECIALLY today<G>). it goes up and it goes down. i rarely buy calls...unless it drops to 20 or the low teens...but when it starts to run out of steam in the 30s, watch out below. you can literally make enough money to live off for a year. the best money i made all last year was buying puts on MU in the high 50s. THAT was a blast<G>.

i am really not that pessimistic...i just think everyone has gone crazy since january. you puts on MU are gold!!!!

good luck to all,
trey
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