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To: mike iles who wrote (34068)5/30/1998 3:39:00 PM
From: yard_man  Read Replies (2) | Respond to of 53903
 
I hope you're wrong I've been counting on June put options -- perhaps I should take my profits (300% if'n it don't bounce Mon morning) and roll out to July. I can't see going out further -- moment of truth has to be close!!!

When are earnings in relation to June expiry?

Getting ready to take a look at a maximum loss pt. chart for all MU June options.



To: mike iles who wrote (34068)5/30/1998 3:45:00 PM
From: DavidG  Read Replies (3) | Respond to of 53903
 
Mike,

<What I picture is MUskie rallying to 25-26 prior to earnings and the gapping 10 points into the mid-teens after earnings

ROFLMAO....AHAHHHHAHHHAHAHAH !

Couldn't help it had to respond....ROFLMAO....AHAHAHAAHAHAHH !!!!

You honestly think you are the only one in the world that knows MU's situation and the guys with the big percentages have no idea...AHAHAAHAHHAH.

...granted they may be whistling past the graveyard with their holdings but they know very well they are stuck for the long haul even if it may be single digits...or less There is no way they will( or can) sell MU into a void. You are just fantasizing at best...Still ROFLMAO....

Your predictions are totally unreal and deserves an entry into the clubhouse.<vbg>

Good luck with your 10 point gap down.

DavidG



To: mike iles who wrote (34068)5/30/1998 8:56:00 PM
From: Skeeter Bug  Respond to of 53903
 
mike, we also have 30-40 million shorty shares that need to cover. most of those are at levels much higher than we are now. they may buy back when the news actually hits.



To: mike iles who wrote (34068)5/31/1998 2:28:00 AM
From: Skeeter Bug  Read Replies (1) | Respond to of 53903
 
mike, is the lehi achilles heal reflected on mu's balance sheet? they spent a billion, right? it never showed up as an expense, correct? no depreciation, no nothing. for years ;-)

however, did they also fail to make adjustments to their cash flow? or were they forced to reflect the actual cash that they spent to build that disaster?

if it isn't reflected on the balance sheet YET (b/c it WILL) then mu is teatering (sp??) on bankruptcy NOW!

i assume it has been properly accounted for on the balance sheet. However, i trust mu like a slick used car salesman so i thought i'd better ask.