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To: Callisto who wrote (31009)	3/22/1998 4:22:00 PM
From: Lazlo Pierce	Read Replies (4) \| Respond to of 53903

A little lesson in buying puts for me, and anyone else interested. I bought the April 30 puts about 6-7 weeks ago, when MU was selling for ~ 35 3/4, the price I paid was 1 9/16. Today, with the stock selling @ 30 1/2 , the puts are now 1 11/16 x 1 3/4. So the stock has fallen 5 1/4, and the puts have increased by ~ 3/16. Talk about not taking advantage with out of the money options! Dave

To: Callisto who wrote (31009)	3/22/1998 4:36:00 PM
From: Zeev Hed	Respond to of 53903

Callisto, I wonder if the SEC would consider your "call to arms" to the shorts as "collusion" to influence the price of a publicly trading stock. <VBG>. Zeev

To: Callisto who wrote (31009)	3/22/1998 7:17:00 PM
From: Amjad	Read Replies (2) \| Respond to of 53903

RE: ATTENTION ALL SHORT SELLERS Something is not right about attempting to influence the market in response to what you preceive as others doing the same. Regardless where you start to cover your shorts, the price will start to stabilize around that point. Personally, I think MU will slip and slide to around 29-28, then stabilize a little to slip further. I have a model that tells me that the support is at 24-25, could go as low as 22 or even 20. Regardless, greed is not good; and a bird in the hand is better than 10 on the tree.