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Strategies & Market Trends : No-nonsense stock option picks ! -- Ignore unavailable to you. Want to Upgrade?


To: Daflye who wrote (87)12/23/1998 4:14:00 AM
From: Early Bird  Read Replies (1) | Respond to of 135
 
MU TOPPING OUT !
Time to look at puts on MU !
In addition to flat revenue, a chart that shows a topping out, now is Merill Lynch Analyst TOM KURLAK, nemesis of the chip sector, coming
out and saying that shares are overpriced and company will most likely continue to post losses over the next few quarters due to operating losses in recently acquired factories purchased from Texas Instruments.

Also watching for a POSSIBLE topping out of Jabil Circuits (JBL), which is at an all time high with volume falling steadily over the past few days.

Early Bird (gets the worm !)



To: Daflye who wrote (87)12/23/1998 12:19:00 PM
From: Daflye  Read Replies (1) | Respond to of 135
 
Drat!!!Double down, hold, or take the loss??? Dis be da question. I hold for now.
Happy Holidays all.