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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: t2 who wrote (54308)	4/22/2002 1:16:18 PM
From: Rich1	Read Replies (1) \| Respond to of 99280

I smell a rally here...<ggg> Then again maybe its my portfolio burning...

To: t2 who wrote (54308)	4/22/2002 1:16:59 PM
From: AD	Respond to of 99280

The market will take off this afternoon. so your're long...? interesting contrarian idea;-)

To: t2 who wrote (54308)	4/22/2002 1:18:20 PM
From: 4rthofjuly007	Read Replies (2) \| Respond to of 99280

NV, check out the all stock p/c. Seems like alot of people think that this is a buying opportunity.

To: t2 who wrote (54308)	4/22/2002 1:21:34 PM
From: orkrious	Respond to of 99280

From Briefing.com: 7:40AM Micron/Hynix talks progress (MU) 29.50: Announces the signing of a non-binding memorandum of understanding for the purchase of Hynix's memory business in exchange for approx 108.6 mln shares of Micron common stock. Micron will also invest $200 mln in Hynix in return for a 15% equity stake in Hynix's continuing non-memory businesses. As part of the transaction, Korean lenders will provide $1.5 bln of long-term debt financing for use by Micron in its Korea-based operations. Is this the non-interest bearing debt I heard about? If so, what a deal MU is pulling. Exchange stock for cash in a business in which they have only made money 3 or 4 qtrs in the last four years. Continue to sell your own stock. Get rich and not only screw your own shareholders, screw the Koreans too.

To: t2 who wrote (54308)	4/22/2002 3:26:07 PM
From: Justa Werkenstiff	Read Replies (2) \| Respond to of 99280

NV: Re: "Justa, Today is one day that I think too many people are negative even though it does not seem so by the indicators you are following." You have just seen one of the better bull traps of this bear market sprung on the bulls. A false gap up off an illusory double bottom last week that had channel folks and others looking up only to get stranded on an island with the gap down this morning. Make no mistake about it, this is a mean market. Re: "The market will take off this afternoon." Best that can be hoped for is a short covering bounce. Don't look to me for it <g> as today's action still leaves stranded longs from all of last week looking down from an island.