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

To: Imran who wrote (25030)	12/11/1997 10:04:00 AM
From: Skeeter Bug	Read Replies (1) \| Respond to of 53903

AFTER THE EXPOSING OF HURLCRAP THAT WAS DONE ON THIS THREAD HE AVOIDS TALKING ABOUT MU LIKE THE PLAGUE. WHAT A PUNK. mu is weak. they may be in the low $20s before posting a loss for last q and about the most terrible forward statement mu will ever give. REMEMBER WHEN THEY WERE BRAGGING ABOUT NEVER LOSING MONEY DURING THE LAST DOWNCYCLE ;-) NOT!

To: Imran who wrote (25030)	12/11/1997 10:22:00 AM
From: Patrick Koehler	Read Replies (1) \| Respond to of 53903

Imran, I'm already out at 23 3/16. This was just a test. My interest is in the next six days of trading, and preparing for that. An interesting point is that many tech stocks gap down on opening, and would not pay to short at opening, i.e. INTC opened at 73 1/16, and now 73 1/2. Dell gapped down at 88 7/16, and now at 88 7/8. Micron seems to not gap down as much, as people seem to wait and see. It then plunges after the opening. Therefore, my gamble would have (and did) have a small payoff. So, how do you think this will apply next Tuesday morning? If one is afraid to gamble on shorting before the earnings report, then shorting at the opening on Tuesday COULD payoff. Sorry, no sure bets in the market. I, personally will probably be loaded with shorts and/or puts. Patrick