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Technology Stocks : Micron Only Forum
MU 234.19-2.2%Dec 3 3:59 PM EST

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To: Skeeter Bug who wrote (30431)3/17/1998 2:57:00 AM
From: Herschel Rubin  Read Replies (1) of 53903
 
Skeeter,

O.K. here 'tis:

When demand goes up for bonds (I'm referring to the April 1 scenario
when Japanese savers will be able to invest in foreign instruments),
the price of bonds go up. Remember, bonds move inversely with
interest rates, so when bonds go up, interest rates drop.

Still curious to get an answer from Earlie about the Japanese legislation
that will permit ordinary Japanese citizens to invest abroad after April
1, 1998. This sounds like a boon for our markets (and maybe it'll even
incrementally help MU).

Good luck to you guys who are long on MU.

I don't have a position in MU. Just remember, market orders to sell
at the open can cause you to be filled at the bottom of the initial leg
down then there's usually some retracement. I've been there before -
very gut-wrenching! It is so hard to salvage a long position at the price
you want when the stock drops significantly at the open. JMHO.

Herschel
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