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To: Chas who wrote (37222)8/11/1998 7:52:00 AM
From: Kathleen capps  Read Replies (1) | Respond to of 53903
 
Chas,

Thanks for the good wishes.

I will hold these short shares regardless of any short term bounce up.

I've got long term puts which I didn't sell during past down cycles of MU -- each time I couldn't believe that it would rise again. This time, at 31, I went short intending to catch a short term trend and make a little money from the cycles -- what do you know, it goes up to mid 30's. I'm not whining -- just frustrated. It does get discouraging being a bear on MU.

On another subject, it's unbelievable to me that GTW can sell so many Your Ware computers. The ads are extremely beguiling -- it sounds so sensible. You have to hand it to Ted, he can sell consumer products. But cynical me thought that all those advertisements on CNBC had to be aimed at investors (to give potential investors the idea that GTW was rocking and rolling) rather than really meant to sell boxes. After all, why would savvy investors buy into the your ware concept. But perhaps again, I misjudged the herd's intelligence/sensability quotient.

Thanks for your contributions.

kathleen