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To: Bipin Prasad who wrote (49297)10/15/1999 12:42:00 PM
From: Patrick Koehler  Read Replies (1) | Respond to of 53903
 
Insook - MU has now hit 70, and if it remains here are higher, that wipes out 18970 put holders. However, there are 12,143 Oct 70 calls that obtain intrinsic value if MU goes above 70. Therefore, I expect MU to hover around 70 for the rest of the day.
Patrick