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To: Skeeter Bug who wrote (47664)8/14/1999 5:26:00 PM
From: Zeev Hed  Respond to of 53903
 
Skeeter, let it go, it is the scenario after all. But, before the scenario takes hold again, I need MU back under $60 to reenter, My preference is around $57 to $58 and I think I might get it within a week, then we'll have to see if the tech wreck resumes or not.

Zeev



To: Skeeter Bug who wrote (47664)8/14/1999 6:20:00 PM
From: Chas  Respond to of 53903
 
I play MU either way, no love for the company, rather
have DRAM commodity to play.
good trading.



To: Skeeter Bug who wrote (47664)8/15/1999 1:08:00 AM
From: Fabeyes  Read Replies (2) | Respond to of 53903
 
First they have to make that buck -- I doubt it will happen soon.



To: Skeeter Bug who wrote (47664)8/15/1999 1:53:00 AM
From: Henry D  Respond to of 53903
 
>>...NEVER seen so much excitement about a company that is about to break even...<<

that's what make MU a great short if it jumps to 80 within next few months. even if it makes it dollar EPS this coming year, that's a PE of 80, too high for a cyclical hi tech stock. i think analysts has MU 5 yr growth at 20%, this doesnt warrant a PE of 80 in my opinion.

sooner or later, DRAM prices for 64 will peak and flatten as it has in the past for other DRAMS.

im looking to buy some Put Leaps if this baby would spike up another 15 or 20+ points in the near future.

good trading to all