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

To: Knighty Tin who wrote (64505)7/13/1999 4:15:00 PM
From: PaperChase  Read Replies (1) | Respond to of 132070
 
MB. How can MU be under a short squeeze with less than 5% of float short? (I'm getting this number from Yahoo.) Any fund manager who is short on MU is not a newbie to the typical price run up before options expiration and maybe the Intel earnings.



To: Knighty Tin who wrote (64505)7/13/1999 5:12:00 PM
From: Sid Turtlman  Read Replies (1) | Respond to of 132070
 
Today's runup in MU is probably a function of the angry words between China and Taiwan. In theory an invasion of Taiwan by China would cut the supply of DRAM from that island enough for MU to breakeven for a quarter or two. That is considered very bullish.


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