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To: Richard Russell who wrote (24222)11/18/1997 3:40:00 AM
From: Skeeter Bug  Respond to of 53903
 
richard, he said mu would be $50 in january. i said it would be closer to $6. of course, mu was over $40 at the time ;-)

i'm up at the moment, but only by the skin of my teeth. i expect mu to appreciate short term due to the overall good news of the markets.

however, they may tank when mu meets with analysts/investors. they are supposed to do so this week or next. i'd love to see $29.50 soon. those jan 25 puts are looking to be cheap in the near future.

i will sell some nfli/nfliw after my play is up and buy more mu and/or gtw puts...



To: Richard Russell who wrote (24222)11/18/1997 8:16:00 AM
From: Skeeter Bug  Read Replies (1) | Respond to of 53903
 
>>As the Comdex week kicks off, pricing on nearly all 16 meg devices dipped slightly.<<

so much for moving up ;-)