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To: Broken_Clock who wrote (1712)	8/11/1998 8:03:00 PM
From: drsvelte	Read Replies (1) \| Respond to of 14427

MU better lucky than smart! Shorted MU yesterday. Maybe Luc's fantastic market voodoo helped with my timing!! Shorted CCI for 4 1/16 intraday. IMHO, the market is very sick. The "rally" in the last 30 minutes only pops prices a bit to make for better shorts. For the thread, besides MU, what other semi is reliant on DRAM sales? bw, can you live the life of the rich and famous now that GCTY has made you very many $$$$!! And to think I bought BDI at 17!!! Duh!

To: Broken_Clock who wrote (1712)	8/11/1998 9:37:00 PM
From: Thean	Read Replies (2) \| Respond to of 14427

Papaya, MU chart does look bad today after they closed on a soft note and reaffirms its down trend. I covered the remaining of my Aug 32.5 put at the close. I will hang on to the Aug 27 1/2 but will likely unload some this week depending on whether continue to slide or reverse. Since MU adopted its internut personality a while back, I am no longer surprised by anything. NKE - My put did not get filled! What happened was the price really did not move but the premium moved up as the day came towards the close. This is a strong sign that others are noticing NKE closed below $43 today. If the overall market opens higher tomorrow, I hope NKE makes an attempt to move towards $43 so that I can get a better price to put it after it stalls. Evil tower - still short. Don't see any hurry in covering this. It is pay back time. FLC - still short but will set a sell stop tomorrow. The drillers may get a dead cat bounce tomorrow, especially FGII. If FGII opens between 16-17, I would sell into the strength if I am long (which I'm not). I am looking to short it if it meets resistence around $17 - $17 1/2. SEV - those engineers are working at the well site to test flow. This one can sneak up a few points easily with past history behind this prediction.