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To: DavidG who wrote (31915)	4/9/1998 12:06:00 PM
From: MythMan	Read Replies (1) \| Respond to of 53903

David, It appears that $28 has been broken.. What is the next support level, $26? ps I read this one after asking you the question <g> Message 4008823

To: DavidG who wrote (31915)	4/9/1998 6:32:00 PM
From: Skeeter Bug	Respond to of 53903

david, there are different strategies. the reason the one you espouse would have worked better this time is b/c i took my money off the table b/c i didn't anticipate being this close to buying a house right now when i bought them. each $1.30 or so down from here is 100% return on my old puts. the same can't be said of buying in the money puts. there is a price point in the underlying where both options are equal. below that point the out of the money puts are more profitable. it depends on strategy. the way i ended up playing this, though, i did take too much risk for too little return. but that wasn't my plan. it is scary that, even now, a very small change in less than 1% of mu's business can add $650 mil in market cap in one day. very scary. i now know why taxes are so high in this country. there is a hiddesn "idiot tax" necessary to save the idiots from themselves. otherwise we could be $25 or $26 now. i guess i'll just have to sulk in my house :-)