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To: TREND1 who wrote (25051)12/11/1997 2:20:00 PM
From: Patrick Koehler  Read Replies (1) | Respond to of 53903
 
Larry, I know that you have been studying TXN lately. I have also been
accumulating 3 and 15 minute charts on it since the past summer for
my research. Same for CSCO and about 10 other tech stocks.
The CSCO Dec 75 calls are really looking good already. Two grand today. Far more movement than MU options.
Assuming MU goes below 20 after the earnings, I think my trading in
MU will become more limited. However, the next week holds some good
plays in MU through the earnings report.
Patrick



To: TREND1 who wrote (25051)12/11/1997 2:21:00 PM
From: DavidG  Read Replies (1) | Respond to of 53903
 
Larry,

It will be interesting to see what MU does after 3:00pm. Thats when the specialists come out of the woodwork.<g>

MU is definitely oversold. Until 12/16 I guess a move back up over 24. But if it goes below 22 I can play that too. MU isn't doing too bad considering the NAZ and SOXX.

Good Luck Trading.

DavidG

PS: Sometimes it pays to take profit on PUTS and Shorts to re-establish positions at higher levels. BTW I like MUMEs over MUMYs since more interest and liquidity.



To: TREND1 who wrote (25051)12/11/1997 3:17:00 PM
From: Patrick Koehler  Read Replies (1) | Respond to of 53903
 
Larry, I do like the higher price stocks! Just sold my CSCO calls
at 8 7/8 for 2 3/4 profit. Couldn't come close to that in MU today.
Patrick



To: TREND1 who wrote (25051)12/11/1997 4:43:00 PM
From: KENNETH R SANDERS  Read Replies (1) | Respond to of 53903
 
LARRY>>>>Yes ! MU is getting lower and lower !
That is one of the reasons I started following TXN !<<<<< Now TXN is getting lower and lower also. Are you Typhoid Larry?<G>