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To: Stephen M. DeMoss who wrote (28677)	2/19/1998 10:22:00 PM
From: Chas	Respond to of 53903

Stephen, You are right on, I think the idea of memory going up is fading a bit. Maybe that was the hope of some buyers of MU. Now, facing a loss for the quarter seems certain to me anyway. Who knows where this stock price is heading, sideways, down some more, what could take it up? Anyone care to put their two cents in?

To: Stephen M. DeMoss who wrote (28677)	2/19/1998 11:10:00 PM
From: DavidG	Respond to of 53903

Stephen, Dave, Do you want to thank me today or tommarow for talking you out of going long ABOVE 353/8? I am not sure where you got the idea you talked me out of going long MU this morning...it was MU that did that. I have seen it many times before where a stock gaps up but then does not have the momentum to continue, and then when it stalls it begins to really fall. That is what I heard and saw this morning ...not you<g>. If you had posted that this morning(...or anything for that matter) then I would have agreed with you, but I never saw your post. I posted at 9:52 right after I bought more MUPG puts at 3 1/8 and MU was still around 35 1/2. There just wasn't any volume to sustain the rise. The specialists play this game by buying at the open to get the sheep to follow and then start selling on the fake rally. That is what caused the stall. With that kind of SOX rally MU should have been close to 1 million shares and it wasn't. ...but thanks for thinking of me anyway. I hope you thought of yourself and bought more PUTs too.:) Now don't get impressed with your position too soon, we now have to see if MU takes out some support or is this just due to options expiration. If it fails to take out support then keep your finger close to the trigger to dump the PUTs...on the other hand any break in support will bring MU down to 30 pretty quick. Have to admit, though, MU did not look very good today.:) Good Luck Trading DavidG