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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: 16yearcycle who wrote (39421)3/9/2002 1:00:08 PM
From: Zeev Hed  Read Replies (1) of 99280
 
What is the weekend news, they concluded the deal with Hynix? The extra $200 MM in advances debt) from the creditors is certainly no "substantial", the rest of the deal is well known in the market, so I would expect selling on the news rather than MU going ballistic. That does not change my long term scenario II figure of $80/saher mind you, but that will be later, and IMTO, MU will retest the low $30' before that.

Zeev
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