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Technology Stocks : Micron Only Forum

MU 246.95

+4.1%

Dec 8 3:59 PM EST

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To: Vasu ganesan who wrote (5935)	12/12/1996 9:15:00 AM
From: Grim Reaper	of 53903

Vasu, looks like the opening will be strong on a lot of stocks...cpi was in line with expec at .3 and retail sales were down, sales were expected to rise so this is good for the bnd mkts , the long bnd is up close to a point according to CNN.. Today should be a great day for the semis. Intel is on a real roll and what is good for intel is good for a whole host of other co.s like micron...It looks like micron is much better off than the bears were trying to let the world know.. they are in big trouble and we should just let this overenvious bunch destroy themselves and ruin their Xmas's.. i t is sad by it was of their own doing... Both MU and INTC got favorable play yesterday by Paul Kangas, of the NBReport..As you know he is the most widely watched financial reporter in North America. Large fund managers now have no reason not to reacquire their MU positions at prices sign lower than their selling prices over a year ago. Thousands of ML clients that bgt MU below 30 would probably buy more at current and higher prices without a second thought.. Let the shorts destroy themselves and just keep making money... GOD BLESS AMERICA......

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