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Technology Stocks : Micron Only Forum

MU 201.36

-10.9%

3:59 PM EST

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To: yard_man who wrote (43730)	3/12/1999 2:03:00 PM
From: John Graybill	Read Replies (1) of 53903

Don't call it a day yet-- I'm playing cat-and-mouse with the option specialist on these March 55 calls (MUCK! LOL) They haven't dropped the bid to 1, and they will NOT fill me on any size whatsoever when it's 15/16 x 1 1/16. Whenever I get a "great fill" between the bid and ask, especially if I'm still on the phone, they've set up me for a fall: I'm ok for about an hour and then I'm wiped out in ten minutes. The opposite is true: they won't give me a great fill if it truly is a great fill. I'm not dropping it to 15/16, though -- there's usually a little fake-out dip just before the run, but you don't know it's a fake-out until it's too late. If they do it right, they'll drop the bid to 1 and I'll get my fill.

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