Stock Attack -- A Complete Analysis Message Board

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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Chris who wrote (17221)	10/30/1998 9:22:00 AM
From: Lee Lichterman III	Read Replies (2) of 42787

Chris, please help me understand. You sound like you are long MU. Why are people buying this? Other than the technical breakout, it is losing more money per quarter as ever, they are up on bullish comments from a meeting yesterday but I can go back and find the same headline from last quarter, the quarter before that etc etc etc. Everytime they report earnings they say DRAM prices are stable and ready to go up. The next quarter they lose even more than before. INTC just gave them 500 million so no they won't go bankrupt, but they will slowly lose all that too IMO. I am at a loss trying to figure this market out. It seems the more money you make, the lower your stock price goes and the more money you lose, the higher your stock goes (MU, AMZN etc). DELL was struggling despite proven earnings and growth, KEA is half what it was (Bought some Feb calls yesterday though) yet AMZN has gone from 10 to 120 as a reward for losing 4 times more than before. HELP !!! Lee

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