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

To: Carl R. who wrote (45011)	4/12/1999 2:06:00 AM
From: Land_Lubber	Read Replies (1) \| Respond to of 53903

Carl, I know several determined shorts that threw in the towel on Friday. I very reluctantly put in an order to close-out my April 45 MU puts on Friday afternoon. My limit price was 15/16, representing about a 70% loss from the purchase price of $3. Although my limit price was above the market (by 1/8), I made the order good-till-Monday, expecting to get picked-off in the typical MU price gyrations after the close on Friday. Well MU closed as gently as a lamb. It was such a rare calm close for MU as to be nearly unbelievable. My sell was not filled. I just cancelled it. Maybe I can break even on this trade after all. S&P 500 June futures currently down 25 as of 0205 EDT. Japan closed down 2%, with an especially steep drop right at the closing bell. Land_Lubber