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Technology Stocks : Micron Only Forum

MU 241.08

-6.7%

3:59 PM EST

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To: Thomas G. Busillo who wrote (27649)	2/3/1998 12:24:00 PM
From: Thomas G. Busillo	Read Replies (1) of 53903

Bob Pisani's reporting gets worse by the minute. Did I hear wrong, or did he just say "there's no coverage" in referring to MU and MOT? I've been watching MU for a while and trading it. Granted that doesn't make me as sophisticated as someone who pulls down their pay by reading off a teleprompter... ...however, I could have sworn that John Lazlo is at Pru and that John Lazlo has been covering MU. Hang on Pisani and the hacks in the booth, this may get a little tricky... ...isn't there a difference between stating "there's no coverage" and reporting "there is no initiation of coverage". And in the case of the latter it's pretty ridiculous to report no inititiation of coverage when there's already coverage, as quite obviously, you can't initiate a stock you already cover. Then again, you could go the Goldman Sachs route. Just pull the coverage after you do the convertible deal and "initiate" it again whenever. What, do they have Eric Savitz writing poorly-worded guest copy for the day? Tom

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