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Technology Stocks : Micron Only Forum
MU 237.40+8.9%Nov 5 3:59 PM EST

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To: TREND1 who wrote (50661)3/6/2000 5:16:00 PM
From: Shortcut  Read Replies (1) of 53903
 
Larry, thanks, some things are certainly a lot clearer. Some comments:

(5) This current race seems to be by far the most explosive judging from a 15-year chart:

bigcharts.com

I just wonder how well your system will handle this completely bizarre movement, which is really of another world than previous price movements. So, HAL is neutral now right? What does it take to turn him negative? Is that where the 40 days come in?

Also, do you have an opinion on the fundamental question of the forced conversion? If I were a convertible holder I would have shorted massively already to lock in a profit. Was that the 50000 blocks on the ask that I saw during the last spurt? Who knows. But until the conversion is forced, it is highly likely that MU will be kept above that magic number $88. Rangebound fairly boring trade until then or are they going to try to take it even higher? I know I'm rambling, but there are lots of interesting issues regarding this stock at the moment.

Regards,

Shortcut
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