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Technology Stocks : Micron Only Forum

MU 265.92

+7.0%

Dec 19 9:30 AM EST

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To: MR. PANAMA (I am a PLAYER) who wrote (24011)	11/13/1997 6:43:00 PM
From: Thomas G. Busillo	Read Replies (2) of 53903

Bateman, yesterday was one of the days where real-life took precedence over trading. I think it is interesting to see a 12+ point decline, and then hear CNBC's David Faber make a quick mention of a Kurlak estimate cut the next morning. Hmmm...12 point drop and then reports of a Kurlaking? When did the Kurlaking take place? Who was informed? I just was looking through Dow Jones on WSJ Interactive and even they're using language to the effect of "reports of..." v. actually publishing what the cuts were. DJ also had in there very brief mention of Michael Gumaport (sp?) at Lehman cutting MU numbers. Apparently someone woke Dan "Mr. short-term DRAM price" Niles out of his slumbers. Cut 1Q est. on MU to .14 from .33 and cut his FY numbers for TXN. Hey, isn't this the guy who was raising TXN's numbers right before the Montgomery Conference? And who made some terrifically amusing attempts at calling short-term DRAM prices (rising!)? Singing ALTR's praises back around 54? Good trading, Tom

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