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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (64114)	7/7/1999 2:02:00 PM
From: PaperChase	Read Replies (1) \| Respond to of 132070

MB. I must say that $95 peak price you keep mentioning on MU was just a blow off top. It never really traded in that price range consistently, however, MU does trade in an established pattern between $25 and $45. And it trades in this price range with everyone's full knowledge of oversupply issues with Drams. Any hype and MU will be $65 in a blink of an eye. My target for profit taking is $62. I do not consider myself a waffler like a certain Cramer I've watched, however I do leave myself open to change my mind. This is why I became a bull after suffering for too long as a bear. That being said, let the chips fall where they fall. I have re-entered my position in Dell because I now believe this concept of a "free PC" is well understood by the street to be a load of marketing manure. If CPQ can be $24 with gazillions in losses, then Dell can easily hit $45 again with millions in profits. This may not be a sophisticated analysis but the sophisticated people are not making money. <no G>