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To: ratan lal who wrote (31150)	3/24/1998 12:36:00 PM
From: DavidG	Respond to of 53903

Ratan, I think so...You can always do 1/3 now and then more later. MU is certainly putting up a battle to hang in there but there was a significant violation this morning. I am short the maximum. If you want to be on the safe side wait until it goes down about a 1/4 to 1/2...and any climb back up, then increase your short position. You'll know when you made the right position...when MU gives up and falls fast....of course it is difficult to get a short fill then, unless you do market orders...then on any uptick you will get filled. I always short or buy PUTs here b/c there is a much greater possibility of a drop now...but I am way ahead with MU so I have more confidence and can withstand some losses. You may have to build up confidence and get some profits...I don't know. Good Luck Trading DavidG