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To: DavidG who wrote (22685)10/22/1997 6:23:00 PM
From: Skeeter Bug  Respond to of 53903
 
>>You have to understand the environment you are trading in.<<

i understand completely. greed and fear apart from reasoned analysis. the stock price is reality instead of a measure of the markets perception of reality.

both are fatal mistakes.

>> Those analysts could have taken harsh views against MU management
and didn't.<<

a little strange, i agree. i am glad that one of the bulls will chastise tk for being the manipulative, unethical jerk that he is.

it is ironic that those he manipulates seem to forgive him the quickest. in fact, they don't even forgive him b/c they can't even understand what he does.

as for the other analists, i bet mu feeds them valuable tidbits of insider information that they use to their advantage as a carot to continue to play the "game."

>>There is no question MU is fighting to stay on top and they have to be shrewd
business men and say they right things to keep their investors happy<<

mu isn't fighting to stay on top, they are fighting for their life. i don't think that bsing the stock price to $60 on pure bullsh*t contrary to the reality that they KNOW exists and making manipulative comments near $50 is in the best interest of investors. nearly all the buy and hold investors, the most valuable investor a company can have, that purchased stock in 1997 are down. many are down 25% or more.

>>but it is no
different then other tech companies. I collected money from SUNW and ORCL on
class action suits because six years they were less than truthful in their disclosure to
investors.<<

so true. xlnx is another company with brown eyes. wrong is wrong and i can't support it because 'everyone esle does it." even so, few do it better than mu. and few soak it up more than mu bulls.

it may be years before they recover their "investment."

if that is "investor relations" then i don't need it. ;-)

the issue is this. the bulls can't admit error. they can't admit they were dead wrong. it is sad b/c one can't learn unless one admits error or admits one is deficient in some way.

i learn constantly. a freely admit error and congratulate those that are right.

techstocks.com

techstocks.com

i'm a learning machine. i watch what mu says and what they do. i store it away. i watch market sentiment. i learn from it. btw, market sentiment isn't such that they'll pay $30+ for a stock losing money right now.

when i'm wrong then i fess up, am glad i learned a lesson, congratulate those that were right and then leverage my education for future profits.

no need to eat humble pie as i expect to be wrong sometimes.

with mu, i'll know when my scenario is wrong as dram will tick back up instead of collapse 20-30% per q - way ahead of 30% a year.

nov is going to be a very good month for the bears. just like aug was :-)