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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!
LRCX 159.96+1.8%12:09 PM EST

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To: Ian@SI who wrote (4582)1/24/1998 11:41:00 PM
From: shane forbes  Read Replies (1) of 10921
 
Is that why MU went up a couple bucks when Bipolar Tom downgraded it last
week?


The stock dropped 2+ points the day he made the announcement. On over 10 million shares or twice normal volume. The fact that it went up since then does not change the fact that enough people listened to him the day he made the announcement to bring the stock quite a bit down relative to the strong uptrend it had (and continues to be on). Whether he's manipulating the stock is the subject of another discussion. Whether he is right or wrong in his reasoning is not being debated. My point is simply that when he talks enough people listen. It is not a non-event. The guy has influence. Ask those who bought at the 80s-90s expecting several $/share in earnings or the rise to 56 this year and the subsequent drop etc etc...

Besides this really is not worth discussing anymore.
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