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To: John Graybill who wrote (30182)	3/14/1998 3:57:00 PM
From: Stephen M. DeMoss	Read Replies (1) \| Respond to of 53903

Maybe it is someone who knows what PK has said, that 13/13 mu has gone up on earnings! That's why I bailed when everything points to a price fall. My guess it is an institution who has word from MU officials that they have something positive to announce which will pop the stock. Actually I think it is some institution selling naked calls knowing the market and MU are about to crack. To be conservative, they choose not to sell the 32.5's. Steve D.