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Strategies & Market Trends : Tech Stock Options
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To: Lee Lichterman III who wrote (57424)11/15/1998 7:27:00 AM
From: donald sew  Read Replies (1) of 58727
 
Lee,

I am also looking to short MU. My strategy is that if MU is still in this range near its highs by the FOMC meeting, and the rates are not cut I will just pull the trigger on DEC or JAN PUTs. I heard on CNBC some pretty negative stuff on DRAM that in about 4 weeks, the KOREAN manufacturers of DRAM will be increasing the supply dramatically. My understanding is that production has already started and the the increase supply will be in the product supply stream in 4 weeks.

I also think DELL is short, but wont get in unless it gets back to the 69 range.

seeya

seeya
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