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

To: shrinks who wrote (78806)	3/30/2000 7:17:00 AM
From: IceShark	Respond to of 132070

The 200 shares at 141 closing was either a paint job trying to make it (and the charts) look better and try and keep the up momentum going, or a couple very late reported trades which actually happened early in the day and somehow got misreported as the closing trades. I think it was the first. Yesterday's close way up at 134 1/2 were real afterhour trades - they happened after MU released news that they were doing a 2 for 1 split. People were buying thinking there will be a big pop as a result. We shall see. I find the timing of the split announcement interesting - why didn't they do it when they announced earnings and instead waited until they were having a real bad day? I think the stock is being "manipulated" (held up/supported) by the big holders. And of course the company would like to keep the price up, and employees with all those options. The investment bankers would like to help so they can get a share of any new financing biz. There are a whole lot of people that one can point a finger at if that is your bag. Is it legal? Probably - the SEC and exchanges will never do anything about it, that much is for sure.