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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 679.70+0.7%Nov 26 4:00 PM EST

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To: Suresh who wrote (27691)8/29/2000 9:51:20 AM
From: Johnny Canuck  Read Replies (1) of 68330
 
At least not everyone is spinning the MU lawsuit against RMBS negatively.

In reality this is standard procedure in order to get better terms in an eventual settlement.

*********************************

'kensey' has recommended MU (Short) at Aug 29 2000 6:13AM

Micron Technology ( NYSE : MU )
Electrical Computer - Semiconductor : 5 new highs in group of 71

Symbol Last Time Change High Low Volume
----- ---- ---- ----- ---- --- -----
MU 89.31 6:40PM .31 90.75 87.50 5,935,100

Community Take
--------------
106 Long / 34 Short

'kensey' said:
micron, a company with a 45 billion dollar market cap, is suing RMBS for anti trust?

well OK !!

OK !!

looks incredibly infantile. can you find a more compelling example of the sheer egotistical
raise of the dog leg? i cannot fathom a better one. there is no better one. say hello to
the esteemed management team of micron technology. striving to achieve no better thing
than to run the company into the ground in order to do, in all it's glory, the only thing that
corporate executives are good for. to stroke themselves.

then again, MU just gave RMBS a lot more cred than it had just a day ago. and to think i
closed MU short recently in order to 'take profits'. i feel so lowly ...

of course, with justice being a literal revolving door of anti trust, it makes sense that
micron should also seek that route. it has turned into something of a 'ticket'.

which is exactly what the feds want : to be at the nexus of power. anybody else just
a little bit sick of it? what was it again that was resolved with the microsoft case?
ummm ... gee ... uhhh we had that decision. then we had that 'stay' ?? now we
got .... uhhh ...

nothing. zero. squat. it was all a waste of time.

hey micron, why not negotiate? oh, you have an ego how big? those pennies add up
to how much?

of course, players in commodity markets are not always so pathetic. hell bent to have
it this own way in order to keep that old way completely unto oneself. i guess the
'memory hill' is something of a short climb. so grasp grasp grasp! all unto in the
modern day reincarnation of Franco.

awe shucks. i almost forgot the most important part! entertainment value. click click
click! i guess if you live long enough, you get to see a little bit of everything. i'd
like nothing less than to see micron dissolved.

short with a target of 1 1/16.

kensey
See the annotated graph of this recommendation at:

clearstation.com
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