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To: gao seng who wrote (34676)6/10/1998 4:34:00 PM
From: Trey McAtee  Read Replies (1) | Respond to of 53903
 
walter--

a) you arent going to drive the big guys out of business.
b) as soon as things turn around everyone and their dog will be putting up a DRAM fab

stop thinking of this as an all or nothing type of thing. it goes up and it goes down. if you want to hold long for a year or so, then buying at current levels will probably be OK. if you would like to make money sooner, buy puts now, wait for it to go lower, into the teens, then go long.

larry and david daytrade because they are good at it. i dont like it because, to me at least, the risks are too high. i would rather be patient and wait for the opportunity.

good luck to all,
trey