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Technology Stocks : Micron Only Forum -- Ignore unavailable to you. Want to Upgrade?

To: ratan lal who wrote (22754)	10/23/1997 10:41:00 AM
From: Skeeter Bug	Read Replies (1) \| Respond to of 53903

ratan, i'm holding b/c i see $25 before nov 22 expiration. even if we don't get there, they likelihood of positive news in this negative environment from their self professed 'marginal" earnings approaches nil. the only risk, imho, is that they announce a buyout in the eps report. very unliekly and not the way i'm betting. however, you might consider selling 50% of your position b/c you can't complain about a 70% gain in 2 or 3 days. then you can let the rest ride. this minimizes your risk and leaves room for some big gains to come. good luck.