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To: accountclosed who wrote (44092)	5/31/1999 8:27:00 PM
From: J. P.	Read Replies (1) of 86076

Not to be overly argumentive (but I'm about to be overly argumentive -g-), but MU was continually upgraded prior to being cut to shreds, and the continual pump to the stock made my options positions almost worthless at times. And I have to allow that the brokerages houses have more research than I and must have had some teeny tiny inkling there must be some trouble in MU-land, certainly things were not rosy enough to warrant continual upgrades. This is just one example of something that we all might suspect happens on a daily basis. Now, admittedly, nobody is going to have much sympathy for short term (however you define short term) options traders. But my point is who determines what time horizon should be regulated? Does the SEC only protect "long-term" buy and hold investors, or do they also protect traders? And who makes this value judgement of time frame? And do they mean short-term individual investors, or is it OK for only short-term institutional investors? OK, I'll stop now, I'm sure nobody wants to hear more from me about this. Maybe I'll write my congressman or something. -g-

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