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Technology Stocks : Micron Only Forum -- Ignore unavailable to you. Want to Upgrade?

To: TREND1 who wrote (35085)	6/17/1998 12:38:00 AM
From: Skeeter Bug	Respond to of 53903

larry, mu puts are up about 100%. thanks for telling me they aren't up 150% anymore ;-) mu should not run to the upside again as mu management has cried wolf one too many times. oh, and they are quickly running out of cash :-) good luck. pssst, don't tell the big boys, but i might buy some oct 22.50s if mu pops much more :-)

To: TREND1 who wrote (35085)	6/17/1998 9:10:00 AM
From: DavidG	Read Replies (3) \| Respond to of 53903

Larry, It is going to be an interesting day today for the SOXX now that we are supporting the YEN. Last I saw the yen was down to 138+ from a high yesterday of 146+. Bears should be in panic mode now with a lot of short covering. Now my question to Skeeter is "since MU was up over 2 points yesterday is it because KIP is pounding the table on KOREA inventory going back to zero...or...the yen is doing a reversal"? Time to face reality Skeeter.<g> Larry, I really think the "forever bears" have to do a reality check of their fundamentals. They try too hard to oversimplify the facts that it is literally getting funny. The SOXX has dropped 1/3 in the last 6 weeks and so has Micron...and at a time that the asian currency made a dramatic drop below support. Now the reverse is happening, they were warned about their PUTS and shorts and stubbornly refused to acknowledge it...so they must again feel the pain. Good Luck Trading DavidG