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

To: Rambi who wrote (69302)	10/19/1999 5:39:00 PM
From: Knighty Tin	Respond to of 132070

Rambi, Actually, for the first time in 3 years, I was caught without any MU puts. I had a full set expire on me Friday and was waiting for an up day to buy them. Then DRAM hit the skids and so did MU. Seriously, MU could show a profit this quarter, although it will be without any free cash flow. The price of DRAM is heading south again and I think it will be $3 for a 64 Mbit chip on Jan 1. But, with the Xmas lies upon us and the current price high enough for MU to post a nominal profit, I would be leery of holding too long. Depending on how many you have, I would cut back to a 1/3 position until the bowwow gets a dead rat bounce.