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To: Skeeter Bug who wrote (47342)7/28/1999 4:13:00 PM
From: John Graybill  Read Replies (3) | Respond to of 53903
 
Time to don the hard-hats for all the things falling into place for a top by next Tuesday:

- looks like They really want to fill the "Goldman Gap" (to coin a phrase) from 2/26, which was a gap-down open from 66 13/16 to 59 on their overnight downgrade. 67 might have been doable in one day if 63+ had held today, but now They oughta stretch it to at least two days to make it credible.

- end-of-month mutual fund buying begins Fri 7/30, probably extends into Mon-Tue 8/3-4.

- R&S tout-fest (did anybody else cut out and frame this example of Kip telling the truth?: "''You will hear us talk more about shortages here and there,'' Bedard said." Yeah, I BET we will, Kip! LOL!)

- and the reminder from your note, which prompts this one: the window for MU insiders to sell lasts until...drumroll..next Wednesday! *cymbals!*

I'll be glued to the quote screen to see what happens at 66.



To: Skeeter Bug who wrote (47342)8/3/1999 4:19:00 PM
From: John Graybill  Read Replies (4) | Respond to of 53903
 
Skeeter, did your list of insider traders at the time of your post include the MU Trader Of The Month, CEO Steven "Quasimodo" Appleton himself? Looks like he filed to sell 40K shares at $63 on either Wednesday 7/28 (yahoo.com) or Thursday 7/29 (smartmoney.com).

What timing! What market savvy! What a coincidence that it was one day after Kip's rosy predictions of DRAM shortages at the Robbers & Stealers toutfest!