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Technology Stocks : Micron Only Forum
MU 263.78+4.5%Dec 10 3:59 PM EST
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To: Tim McCormick who wrote (28274)2/13/1998 10:50:00 AM
From: mike iles  Read Replies (1) of 53903
 
Hi Tim,

Thanks for the update on Fido. Capital 'Research' also reported their holdings at 12/31 and they're the largest single shareholder now ... 35.1 million shares. Fido has 24.1 so between the two they have (or had ... wonder what they have done on this rally? does Capital play the squeeze-the-bears game I wonder?) 59.2 million shares or 28% of the total o/s .... doesn't include the $167M of converts they own.

Hopefully these guys haven't sold yet and their attempt to get thru a shrinking door will make MU's next drop a real crater... go bears!!

regards, Mike

P.S. ... I take it as a positive sign that a thread that used to be dominated by the bears is now largely the forum for day traders most of whom (Larry, DavidG) approach it from the bull side. Skeeter continues to fight a valiant rear-guard action.
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