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

To: Rambi who wrote (67060)	8/31/1999 8:30:00 PM
From: Merritt	Read Replies (1) \| Respond to of 132070

Rambi, I don't know what MB's take is but, FWIW, I think they're trying like the devil to get the price up to $87.50, which, as I remember (always a problem, there<g>), they have some debt that's convertible. Who knows, they may get it there, but I don't see how the price can be maintained...especially when they report big losses in Sept. So, the Oct puts are the place I'll be putting my money...hopefully after a couple of more brokers (god I love that word) hype the price above $80.<g>

To: Rambi who wrote (67060)	9/1/1999 10:12:00 AM
From: Knighty Tin	Read Replies (3) \| Respond to of 132070

Rambi, I am adding my final third on MU as we speak. True, the loss they report this quarter will be hailed as "better than expected," but, when you expect losses all the time, should a stock be priced at $76? If I were more conservative, I would wait until after the Xmas lies and buy the puts in January. But, this time I think Tech Nuclear Winter will offset the lies and am willing to reload if I am ever wrong on the co. I would definitely not be without at least one third of puts here.