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To: JF2155 who wrote (39134)	9/26/1998 4:51:00 PM
From: Chas	Respond to of 53903

Is this thing all blown out of porportion then MU may just decide to drop on Monday or Tuesday? Any comments? Or there is something up and they are waiting for the earnings announcement to talk about it in detail/ Good trading.

To: JF2155 who wrote (39134)	9/26/1998 5:16:00 PM
From: DavidG	Read Replies (1) \| Respond to of 53903

Jim, When I don't know what is going on I stay flat at the end of the day.<g> I learned a long time ago that if I follow this philosophy I can sleep better at night and lose a lot less money on Monday mornings.<vbg> If you look back on the last 2 months you might find on average it was better to go into a new trading day with cash than a partial or full position. Now I do carry some positions overnight ...but weekends... I am a little uneasy about it. As far as Monday goes I suspect an up morning for MU since INTC chose to make "no comment" on Friday evening as opposed to refuting the rumor...hmmmm....maybe something IS up.<g> MB's cycnism rings true for MU. Again a few days before earnings comes out. MU rumors boosts the stock and takes the focus off the real issues.<g> MU seems to have more tricks up its sleeve than a magician has rabbits in his hat.<vbg> Just enjoy the volatility...go with the trend...and...DO NOT GET GREEDY. DavidG

To: JF2155 who wrote (39134)	9/28/1998 1:26:00 AM
From: Carl R.	Read Replies (1) \| Respond to of 53903

Not only is the stock moving up strongly, but options buyers are very optimistic as well. Going into earnings there are currently 28,200 October calls outstanding that are in the money but only 1800 puts in the money out. If the stock moves above 35 the numbers shift to about 40,000 calls in the money and 500 puts in the money. I haven't been tracking MU options activity carefully in the past. Does anyone know if it is normal for options buyers to be this bullish going into earnings? Carl