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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Joan Osland Graffius who wrote (30774)10/20/1999 1:17:00 PM
From: Rambi  Read Replies (1) | Respond to of 99985
 
Hi Joan, I'm glad you're asking!
I ALMOST sold this morning... and am a little sorry I didn't. Getting nervous, especially when MB said he wouldn't hang on too long.



To: Joan Osland Graffius who wrote (30774)10/20/1999 2:52:00 PM
From: Haim R. Branisteanu  Respond to of 99985
 
Joan, the best way to follow MU is to follow outfits who sell memory chips and adjust it daily. The 64Meg is back to $10 or below this gives a price for a 64 SDRAM around $110 retail and we are there.

Depending which option you have but I took profits on the November one and I am flat on MU.

I think the stock will get back to the $20 - $30 range next year. From a chart point of view it has a double top. Unfortunate the put options are quite expensive so far out.

I would take profits from some positions. As usual I am always early and leave some serious $$$ on the table but who can argue with profits?? I better earn less instead of being sorry afterwards <G>

BWDIK
Haim



To: Joan Osland Graffius who wrote (30774)10/20/1999 7:23:00 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 99985
 
Joan just checked it out this evening and it is a proof of DELL corporate problems not the issue of memory prices who drop like a rock.

For example spot 64Meg SDRAM PC 100 was $155 to $160 Oct 1, 1999 and now it is $99. (Mid September the price was $115 to $120)

Only today the chip prices dropped 10%. Hyunday is now flooding the market.

BWDIK
Haim