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Strategies & Market Trends : Shorts waiting to happen
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To: Harlan Moore who wrote (158)6/9/1996 8:50:00 PM
From: dppl   of 852
 
Harlan, I've struggled to understand MU for a while now. I cannot for the life of me understand why it has such stubborn support at 29/30. I believe, failing my not grasping something important, that the stock has to go WAY down. The fundamentals are terrible and will remain so well into 97.

MUEI may save MU a little but the operation is tiny compared to MU in its heady days. Add to that all the management problems... The question is WHEN will MU break. It looks like now getting out of this 30 day cycle. Unless the BtB is really terrible.

dppl
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