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Technology Stocks : Micron Only Forum

MU 331.52

-2.0%

1:33 PM EST

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To: mike iles who wrote (22665)	10/22/1997 3:56:00 PM
From: DavidG	Read Replies (2) of 53903

Mike, You know it never ceases to amaze me how two people can receive the same information and yet arrive at equal and opposite conclusions. You said: << Fido has increased their holding from 26.6 million shares at the end of June to 31.8 million at the end of August .. woof!! Also, an outfit called Capital Group Companies, based in L.A., shows up for the first time with a 23.2 million shareholding. We just need one more big funds manager to show up with 20-30 million shares and then when the proverbial hits the fan >> Mike...Did it ever cross your mind that Fido increased by 5 million shares which brings its holdings to almost a billion dollars and Now Capital Group is in for 3/4 of a billion dollars. They were looking at the same numbers and projections and fundamentals as you 6 months ago and came up with a different picture. Now I am not saying you are wrong or right.... but just that logic has to tell you something. They might be in for more than the day or two we trade and expect to see a sizable return. It just comes back to who has the better resources to the fundamentals and can come up with the investment. I truely believe we have a problem with a lot of the fundamentals we are developing...and it is not because we are not intelligent, we just can't get our hands around the big picture. Hey its your money,but, if being a bear is too good to be true well maybe ....maybe.... Good Luck trading DavidG

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