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To: Lucretius who wrote (299)	5/18/1998 10:18:00 AM
From: The Perfect Hedge	Read Replies (1) \| Respond to of 14427

Luc- Pop goes MU....It should be ready for another round of puts if it gets to $30 again..I think it will..I've been playing puts on this one for a year and a half and it's really stubborn but when the hammer finally hits there will be some major damage. I like puts on MU rather than shorting.The bulls take this one all over the place and with puts you might have some expire worthless but in the end if you always have a position on the table you will end with a big winner.I have been buying put positions in thirds on MU.I always have a third in puts and if MU really starts moving I'll buy another third.Last year the stock got all the way up to $60 and dropped like a rock.It could happen again..I wish!! GD