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To: Skeeter Bug who wrote (23238)10/29/1997 7:38:00 PM
From: DavidG  Respond to of 53903
 
Skeeter,

<< dave, good idea. mu is dead meat through the end of the year. actually, i wouldn't
go long until tk's pimp-o-rama picks up again - in the mid teens ;-) >>

Went long for a small position on MU this afternoon at 27 1/8.:)

I think 25 - 29 is a good trading range for a while...allows me to follow MU and stay up with whats going on.

Good Luck Trading

DavidG

PS: Remember stocks go up and down...you can make money both ways...BUT as MU keeps dropping... the probability for MU(not all stocks) gets greater for its stock to rise than fall. IMO PUTs then get more risky. Remember what LD has been saying, for the most part, investors lose money on PUTS.... that time is coming. MU will start to reverse its direction soon and the PUTS aren't cheap.:)