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Technology Stocks : Micron Only Forum

MU 232.59

-2.1%

Dec 16 3:59 PM EST

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To: DavidG who wrote (34892)	6/14/1998 9:48:00 PM
From: Skeeter Bug	Read Replies (2) of 53903

david, don't misrepresent us. i NEVER said mu was poorly run or not pretty good at what they do. however, i said their upp management team is a bunch of manipulators. this is proven fact. so what's your beef? no need to make up things that we never said so you can have something to attack. i turned bearish at $30 in late 1996. mu is well below where i turned bearish. i stayed bearish at $22. there is a difference. i'm very clear in what i say david. i'm not trying to mislead anybody and i don't say "it will go higher if it doesn't go lower" and other such things that people say when they have no confidence in their analytical abilities. btw, i was also EXTREMELY BEARISH at $60, but you didn't mention that as that is not part of your axe to grind. why do you want to grind? don't know. it isn't b/c you are a good samaritan, though ;-) here is the sox chart - 12/15/97 - 6/14/98: 209.31.31.88 the sox went from a low of 265 and a high of 330 to a low of 235. here is the mu chart - same dates: 209.31.31.88 mu went from a low of $22 to a high of $38 to a low of just over $20. no9w let's compare whether mu "tracked" the sox and whether that one single factor impacted their stock prices. mu went up 77% from its starting point. the sox went up 27%. mu's magnitude move was 165% greater than the sox move. interesting since they s/b "tracking" according to you. that is a MASSIVE difference in magnitude. of course, this is the first time you knew this b/c you looked at an si chart and didn't dig for details. the drop for mu was 46% (from a 165% higher magnitude staring point!) and the drop for the sox was 28%. hmmm. mu dropped in magnitude 64% more than the sox. from 165% higher. seems you need to define tracking david. this isn't tracking. the direction is similar. a quick look with no in depth analysis would indicate "tracking." especially on the cheesy si charts. however, this isn't tracking. the magnitudes are MASSIVELY DIFFERENT. why do i have to point this out? is it b/c you are hiding this relevant fact or you just don't know it? i'd bet on the latter. so, why did mu outperform the sox (not track it) ON A MASSIVE LEVEL on the way up and underperform (not track it) on MASSIVE LEVEL on the way down? i've already explained what is the most rational reason for the relative differences. no wonder some can't understand. let those with ears hear ;-) sure currency is very important. global economic situations are important. but they don't explain it all as you have postulated. not even close. can you disagree. sure. nobody will ever know. but din't put forth nonsense and try and call a rational explanation silly. your grind has blinded your ability to think clearly. put forth fact, not fiction.

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