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Technology Stocks : Micron Only Forum

MU 234.19

-2.2%

Dec 3 3:59 PM EST

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To: Rashid Desai who wrote (39)	5/18/1996 12:20:00 AM
From: space cadet	of 53903

Question for any remaining MU bears- I still have some July 30 puts lying around doing nothing. Not a big position but every day my other tech stocks are flying and MU is stuck in this 30's trading range for the last couple months. It appears there is an impenetrable barrier (all those MU bulls) at 30. So should I sell my puts now or is it worth holding on the slim chance that MU can actually penetrate the 30 barrier and move all the way to the mid 20's? If it were a big position I would have gotten out by now, but since its just a few puts I don't care too much about it. Any insights appreciated.

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