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To: DavidG who wrote (34859)	6/12/1998 8:07:00 PM
From: Skeeter Bug	Respond to of 53903

david, i already changed the post a while back. read it again ;-) i've OVERCOME! ;-) let me be specific. evaluating mu's business is no longer an inference game that take cognitive abilities and a certain, albeit minimal, level of intelligence that the big money does not possess. it is now connect the dots. once you do that it reads "several more qs like this and mu is out of money in a capital intensive business. add to this that mu has billions in debt and could go bankrupt. this means my stock may get zenithed and go to zero. sure, i was dumb and bought millions at $40, but it does make sense to sell at $20 rather than get stuck with a bankrupt company." mu's future should not be intuitive any more. they fund-dumbs failed the intuitive test. any dolt with a calculator can run the results after this q. usually the market discounts a crappy future. in this case, only the few bears saw the crappy future as the big money relied on company management to lose lots of their customers money. i would not be surprised to see a short covering crusade after the massive loss report, ala 9/97. more realistically, though, mu shouldn't pop. it should swirl right down with the tidy bowl man ;-) to single digits. will it? i don't know. my last round of puts are doing EXCEPTIONALLY WELL (thank niles ;-) and i have through october. i can wait this bowser out.