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To: Skeeter Bug who wrote (46207)	6/9/1999 8:16:00 PM
From: TREND1	Read Replies (1) \| Respond to of 53903

Skeeter Do you know what you said ??? "You will be....all the way UP " Now even see MU going up (g) Larry Dudash

To: Skeeter Bug who wrote (46207)	6/9/1999 10:52:00 PM
From: sammaster	Read Replies (1) \| Respond to of 53903

this is scary though.... with all the bad news of lower dram prices u would think that the big boys...including intc and ti would be selling mu as fast as they can but the price of mu has stabilized.... if the stock price levels out here long enuf then some fabs may start closing down and cause a temporary higher price in mu which would make our puts expire worthless... plus they are rapidly lowering estimates without downgrading so that mu will meet the estimates...remember there are many stupid investors out there that meeting the number is all that is important that being said i still think that they will miss the number...but am afraid that they will spin as saying that this is the bottom of the downturn..like they have been saying forever... i'm loaded with june/july puts samir

To: Skeeter Bug who wrote (46207)	6/10/1999 10:58:00 AM
From: DavidG	Read Replies (1) \| Respond to of 53903

Gee Skeeter, Maybe this is why you are always losing money on MU. Shouldn't you be buying CALLS on the way up and buying the PUTS on the way down???? Stick with the trend and he will always be your friend.:-) MU broke out above 41 so don't expect that 30 or 20's in JUNE like the "forever bears" have been calling for. I think a good time to buy PUTS might be in the 45-46 range but if we go above it then look out all the stops will be pulled out and we will be in the mid 50's to 60's very quickly. BTW I am NOT buying any PUTS or shorts here it is definitely too risky. ONLY have long position from 36-37 and holding until break in trend occurs. I have not been trading this beast, I have some others that trade a lot more predictably right now like Oil Service stocks. Good Luck Trading DavidG