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To: DavidG who wrote (30489)3/17/1998 10:22:00 AM
From: yard_man  Respond to of 53903
 
Shorts -- made a ton didn't they? Less than a point or two. If their covering is what's keeping the price propped up. Most they could've made would be about 5 or 6 points if they went short at the recent high.

People trade the stock so much it's decoupled from any sensible measure of value. I'm not bitter, I just think in another quarter or so some of the traders are going to be forced to move on to "greener pastures." I'm not closing out my puts either. Let's see what the conference call brings.



To: DavidG who wrote (30489)3/17/1998 10:24:00 AM
From: TREND1  Respond to of 53903
 
DavidG
I think it was a joke !
If there were not 44,000,000 shorts, MU may have opened at 22 !
BUT there are 44,000,000 shorts (g)
And they can not give the money to the puts (g)
So games we must play (g)
Larry Dudash