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

To: Patrick Koehler who wrote (26465)	1/13/1998 8:13:00 PM
From: Thomas G. Busillo	Respond to of 53903

PK, now that's interesting. Two 1000 contract trades on calls on a company that's projected to lose money over the next 3 quarters, and then... ...strangely the leading Street guru-or-the-moment appears on national TV touting the same stock (oh, and it just so happens she works for that company's underwriter)... ...and then another underwriter piles on with an upgrade the Tuesday before those calls were expected to expire? Interesting timing. If the upgrade was tied to an increase in DRAM pricing, IMHO it would be interesting to see where DRAM prices were back when J. Joseph pulled the plug on MU in the fall. I'll bet that despite the recent gains, DRAM prices are lower now than when he made that call (I don't remember when it was, but I'll find out). Good trading, Tom