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To: Knighty Tin who wrote (34146)6/1/1998 9:14:00 PM
From: Zeev Hed  Read Replies (2) | Respond to of 53903
 
Michael. Yes this always a possibility, with any stock (I got caught in one like that, SPCT, last year). The only protection against such an event is diversification, or no more than 5% in a gamble like MU. The truth is that with 40 MM or so short position, even if it break 22, it will not collapse at once since even the bear on this thread rush for cover after every ratchet down of MU price. I think the bearishness on this thread is so one sided (me included) that a contrary opinion and action, once or twice a year is warranted (it was just on the Monday post earning last December).

Zeev



To: Knighty Tin who wrote (34146)6/2/1998 7:58:00 AM
From: Skeeter Bug  Read Replies (1) | Respond to of 53903
 
more good news for mu and the tech wrecks...

dailynews.yahoo.com

more good news for mu and the semis...

dailynews.yahoo.com

HO HO HO HO HO HO ;-)



To: Knighty Tin who wrote (34146)6/2/1998 8:26:00 AM
From: yard_man  Read Replies (2) | Respond to of 53903
 
Have June 27.5's I purchased for 1 and was thinking about rolling down. (Probably means the stock will spike up today for sure :-) )

I don't want to go very far out. Would you recommend either June or July and what strike? I was thinking 20, but is there also 17.5?

Never mind looks like July 20's are the only choice here.