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Technology Stocks : Micron Only Forum

MU 225.89

-1.1%

Nov 19 3:59 PM EST

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To: sandstuff who wrote (41456)	12/17/1998 1:05:00 PM
From: Carl Held	Read Replies (2) of 53903

My reason for manipulation.......... Last thursday (10th), the price of MU closed at 48. A trade of 1.5 million shares @ 49 5/16 (ask price) (12:15 EST) occurred as the stock was heading to the lows of the day. For the next week, the stock was going sideways, then the last 2 days it was heading downward and today it was at the point of a trend reversal (downward). It is interesting that at the Wed. close, the buyer mentioned earlier was down 2 7/16 and then this analyst comes out with a ridiculous price target which the numbers don't match at all. The point: It seems to me that due to the circumstances, someone is protecting that buyer, along with other factors because there is no logical reasoning for the current price of MU. Other than the two analyst price target articles since Dec 1, there has been zero (none) positive articles about MU.

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