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Technology Stocks : VLSI Technology - Waiting for good news from NASDAQ !!! -- Ignore unavailable to you. Want to Upgrade?

To: Linda Kaplan who wrote (4441)9/25/1998 11:42:00 AM
From: Trey McAtee  Respond to of 6565
 
linda--

yellowstone...oh the national park, right?

well, you will know when to sell them. i start to get nervous on them at around 2x, usually sell half the position. my real dream right now is for AMAT to go back up so i can buy more puts.

back to MU...i think i will probably hit the first sell point at around 28. its weird between 27 and 33, so i like to take profit when i can.

anyway, i will keep in touch about it. we will will just have to see what mu does. today, if its able to get above 33, i will add to my position. i want to buy a new car out of this<G>.

good luck to all,
trey



To: Linda Kaplan who wrote (4441)9/25/1998 3:43:00 PM
From: Trey McAtee  Read Replies (1) | Respond to of 6565
 
linda--

we may have a problem with the MU puts...INTC is reportedly going to make an investment in MU.

now, we should get a good downdraft in the next few days on the dow, that might be enough to drive MU down so we can take profit...but DO NOT add to the position. until then, just hold. you have the jans dont you?

good luck to all,
trey


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