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Strategies & Market Trends : Option Trades -- Ignore unavailable to you. Want to Upgrade?

To: scotty who wrote (129)	12/21/1997 12:29:00 PM
From: halfscot	Read Replies (1) \| Respond to of 2341

U'r right scotty-esp. about MU. It's trailing pe is now about 16 vs LU's trailing pe of about 90. I think (hoping) LU hasn't yet rolled over like other stocks are starting to do in it's sector. Most of the stocks in MU's sector have already rolled over but the networking-related sector seems to just be starting to. Stocks like LU and CSCO are so strong they hold on to the bitter end (show's their strength as a long term hold). All it will take is for a warning from either to really send both down hard. halfscot