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To: Bill F. who wrote (41599)5/18/1999 7:37:00 PM
From: IceShark  Read Replies (1) | Respond to of 86076
 
Huh? Are you talking DRAM spot @ 5.20? And who were those guys talking about stable pricing. -g-

I was wondering if you had been watching the put pricing on June and Julys. They (OTM) look sort of expensive to me and seem like a poor bet unless it cracks below 30. We are facing the old problem of running out of alot of downside room. So shorting seems better to me, unless one thinks there is a good chance we will see the 20s soon.


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