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Technology Stocks : Micron Only Forum
MU 265.92+7.0%Dec 19 9:30 AM EST
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To: Patrick Koehler who wrote (10872)3/14/1997 9:19:00 AM
From: Kerry Phineas   of 53903
 
Patrick, I've also got some Apr 37.5 puts that I bought at the same time... guess I didn't tell you what I paid for them, I think somewhere around 1.40. I'm buying options through Lombard, the only thing I do with them, and their system totally leaves the customer in the dark about portfolio values and the like. Don't get too down until Monday, which should be the witching hour. In an efficient market, the realization of false promises at the announcements of earnings would cause a crack down in the stock. Of course, I'm not saying in any way that the market is terribly efficient. There have to be whisper estimates propelling the stock.
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