Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Micron Only Forum -- Ignore unavailable to you. Want to Upgrade?

To: Skeeter Bug who wrote (31626)	4/2/1998 2:05:00 AM
From: Gersh Avery	Respond to of 53903

Skeeter; Haven't been reading this thread for a week or two. Been occupied working over my INTC straddle. Day before yesterday I picked up 200 AMD call contracts, up 400% now and I expect them to go higher in the next few days. Couple of factors that are needed to be considered with the MU situation. 1. Overall market cash flows. Mama-san and papa-san are alowed, for the first time ever, to invest in markets outside Japan. As of 4/1/98. These folks have been getting 1% on their money for years and must be itchin' to get into the US market. 2. MU has looked like short bait to me for a long time now. This stock defies ALL logic. To me that means that someone(s) is pulling strings big time. If that is the case then a short squeze move is a certanity. 3. Tonight probably looks like a pretty good time for folks to get their money out of Japan. So where does it go to? Any US stock that looks like it is going up. Why? Because the short squeze is on. Brokers will direct some of the new money toward MU. I've thought about picking up some MU calls in the AM .. but I think that I don't like having my strings pulled. Gersh