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To: mike iles who wrote (34964)6/15/1998 1:28:00 PM
From: yard_man  Read Replies (1) | Respond to of 53903
 
>>Does anyone have any thoughts as to why MU is
Thursday and MUEI is today?<<
Interesting.



To: mike iles who wrote (34964)6/16/1998 3:19:00 AM
From: John Graybill  Read Replies (1) | Respond to of 53903
 
That way you can't make money on your June puts on a 7-point dumperoo after S&P downgrades the debt, which would probably be two days after a crappy earnings report. Thus with earnings on Thursday, the downgrade would no doubt be waiting on the doorstep by Monday morning. (a la AMD last quarter: bad earnings reported April 7 after the close, S&P downgraded its debt after the close on April 9.)


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