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Non-Tech : Auric Goldfinger's Short List -- Ignore unavailable to you. Want to Upgrade?

To: Gerald Walls who wrote (2262)	6/17/1999 7:09:00 AM
From: Zeev Hed	Read Replies (2) \| Respond to of 19428

Gerald, the similarities go further, many were persuaded by CL that IPMCF is an absolute sure shot and where invested almost exclusively in it, the battle cry was "if you are not long you are wrong", and it even had few warrants of its own that somehow, got "forced" to exercise, and then it retrenched. By the way, for those that want to take a shot at MU with their own convertible debenture scenario, Mu has to stay above about $83 for 20 out of 30 consecutive trading days for MU to call for a conversion. The thesis is that MU will get there, by the combined power of a major upcycle in the semis (see the major breakout of the SOX), analysts hyping the stock (one already came out yesterday with a forecast of $100/share in 18 months), rumors (or even possibly facts) of improved profitability due to RDRDRAM higher margins, Simplot being out (as good an excuse as any) and what not. The break of MU above $41 is the beginning of this trek, IMHO. The tactics is thus, long on MU (a stop loss at $40.75 should be "strictly enforced") to the high $80, and reverse to short once it is clear that it becomes toppy at around $90 to $95. A break above $95 might indicate that MU is really healing, but I would not bet on that based on the fundamentals. By the way, this paragraph, of course is helping "build up" MU, and later this year, if I recommend shorting it above $85 (hopefully after a H&S pattern), I will, of course be destroying the company, as if they needed my help. (G) Zeev