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Technology Stocks : Micron Only Forum
MU 259.10-1.8%3:29 PM EST

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To: jetcityrandy who wrote (30135)3/14/1998 11:41:00 AM
From: Patrick Koehler  Read Replies (1) of 53903
 
Randy, you caved too easily to David. Ten cents a share would be
$5000, and .0625/sh x 50k sh = $3125, which makes my point.
Let's say that the firm or institution wanting to sell the 50k shares
now sells on Monday at only a 1/4 further away, they would lose
$12,500. If some announcement or Kurlak occurred, and they
lost a point by waiting until Monday, well, what's $50,000?! <g>
Patrick
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