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To: Bipin Prasad who wrote (46783)6/25/1999 9:47:00 AM
From: AI Master  Read Replies (1) | Respond to of 53903
 
Most of MU technical indicators are bearish.

Analysis of the rate of change of the exponentially smoothed average price suggests the start of a downtrend for this equity. The rate of change is negative and continuing to decrease which indicates increasing downward force. This is a bearish indication for a continuation of this move.

The equity price has crossed and closed below the intermediate term 7% exponentially smoothed average price. This indicates a continuation of the current price movement and is considered a weak bearish signal which is sometimes followed by a downward movement in prices.

The equity price has crossed and closed below the long term 4% exponentially smoothed average price. This indicates a continuation of the current price movement and is considered a bearish signal which is sometimes followed by a downward movement in the price of the equity.

The Price Phase Indicator is moving to the downside. This is a bearish continuation signal showing that a downtrend is in place and that prices are more likely to continue to the downside than they are to reverse and begin an upward movement.

Good luck and happy trading. Be careful if you are long this one.

Rocky



To: Bipin Prasad who wrote (46783)6/25/1999 10:36:00 AM
From: Knighty Tin  Respond to of 53903
 
BPP, Long time no hear from you. Hope you are well.

I saw that Niles finally came to his senses, slightly. Of course, the losses will be much higher than his estimates and there won't be a profit in 2000, but at least he is finally moving his numbers in the right direction. None of these analysts seem to figure in the interest on the debt, which they currently aren't paying. Understandable, since Dan Niles still has MU paying a dividend. <g>

MB