Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Shane M who wrote (64101)	7/7/1999 1:01:00 AM
From: PaperChase	Read Replies (3) \| Respond to of 132070

Why bet on MU going down??? What do you see that hasn't already been priced into MU? You could go broke betting MU will fall. I like the way that AMD severely disappointed the street this past quarter with huge expected losses and yet AMD's price is unchanged.

To: Shane M who wrote (64101)	7/7/1999 10:10:00 AM
From: Knighty Tin	Read Replies (1) \| Respond to of 132070

Shane, I like Oct or Jan 50s for Intel. For MU, I like Oct 40s at the current silly stock price. I even like Oct 35s, as MU will get there if the fundamentals ever get reported honestly. Even more than different expiration dates, I like different entry dates. Stocks sometimes go up for no reason, as MU did yesterday on an analyst stating circumstances where they may only lose $2 a chip instead of $3 this quarter. <g> Keep some powder dry for irrational upticks and hopefully both positions come home with profits.