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


To: yard_man who wrote (41362)12/10/1998 2:30:00 PM
From: DJBEINO  Read Replies (1) | Respond to of 53903
 
National Semiconductor (NSM) 16 5/16 -5/16: semiconductor manufacturer posts a fiscal Q2 loss of $0.29 a share, excluding charges, twenty cents better than the First Call estimate, vs year-ago profit of $0.17 a share; revenues fell 29% to $510.1 mln



To: yard_man who wrote (41362)12/10/1998 11:23:00 PM
From: S. maltophilia  Read Replies (1) | Respond to of 53903
 
<<Somebody traded a 1.5M block>>

The buyer wasn't taking too many chances:
interactive.wsj.com@2.cgi?id=BT-CO-19981210-004589.djml&template=pj1-combo-nf.tmpl
The conversion was executed on 15,000 of Micron's January 45 calls and puts. At the Pacific
Stock Exchange, the January 45 calls were recently trading at 6 7/8, down 1 3/8, on volume of
15,030 contracts. The January 45 puts were up 1/2 at 2 5/8, on volume of 16,282 contracts,
compared with open interest of 9304.