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Technology Stocks : Micron Only Forum

MU 286.68

+3.8%

9:30 AM EST

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To: Paul Moerman who wrote (4996)	11/30/1996 3:16:00 PM
From: Kerry Phineas	of 53903

PM, two things: IMO, trying to make short term money on MU is too risky if you bet against the problems the company is facing. Also, the fact that Fidelity's position went from .3M to 6M in September would seem to suggest that their sales were recent. Most of Fidelity's other sales of MU would have to be over 9 months ago. 14 mos. ago, believe it or not, they had over 30 million shares of MU. Here's a question: do you see various Fidelity funds acting in concert as a type of rigging in the market? Just wondering, because it seems like it could go against a lot of SEC laws, but I don't know any specifics about laws for Mutual Fund companies.

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