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To: Lucretius who wrote (343)5/20/1998 8:43:00 PM
From: Thean  Read Replies (1) | Respond to of 14427
 
LT - my MU June 30 Put expires 6/19 so if MU indeed reports on 6/16 I may not want to cover until after earning report. If MU runs down below $22 prior to earning report, then I would cover before 6/16 because of the possible after-earning relief effect. Next week would be a good time for MU to preannounce if there are any. Did they preannounce the past few quarters?

The last thing I want to happen is MU is not going to be around next year - that means someone is going to acquire them. I doubt they will command high premium but once this rumor becomes common place MU will not go lower any more. So would you please stop that suggestion? Someone is waiting just to quote you for started the rumor <GGG>