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To: TREND1 who wrote (25691)12/17/1997 9:35:00 PM
From: DavidG  Read Replies (2) | Respond to of 53903
 
Larry,

Hmmmmm. So you don't know whats going on either.<g>

Maria will tell me tomorrow and then I will share. IMO good chance for a gap-up opening and the next opportunity to PUT at 25-26. If there is really good news than look to test the INFAMOUS 29 1/4.<g>

Could be a serious short squeeze tomorrow on the eve of Triple witching. Could get real nasty.

Good Luck Trading

DavidG

PS: Of course if todays action was a mistake than maybe a retest to 22



To: TREND1 who wrote (25691)12/18/1997 2:38:00 AM
From: Kathleen capps  Respond to of 53903
 
Larry,

I think they are after my measly Dec 20's, 25's, and 30's. I expected to do really well --FINALLY! -- when MU announced earnings. Now, I think that "they" (who ever "they" are) will force the price up at least until options expire. What a disappointment.

I found this at PTDiscount brokers (they have an "after hours trading report).

After Market Trading

4:15 BEAV 22 bid . BMET 23 15/16 . CPQ 55 5/16 . T 57 15/16 . MOT 54 3/16 . MMM 84 7/8 . INTC 69 3/8 . CSCO 53 3/4 . DANKY
14 7/8 . AMAT 27 15/16 . CNTO 31 1/2 . SUNW 37 13/16 . DELL 84 3/4 . MSFT 135 5/8 . COMS 34 9/16 . JBIL 41 7/8 . WCLX 21
9/16 .

4:30 MU 24 1/2 bid

4:45 RXSD 25 7/8 . TELC 10 1/4 bid . DRI 11 1/2 . BEAV 23 . INTC 69 5/8 . CSCO 53 5/8 . AMAT 28 1/4 . CNTO 31 9/16 . DELL 84
7/8 . MSFT 135 3/4 . ALTR 37 1/2 . MU 24 5/8 . TXN 44 3/4 . AGP 9 1/2 down 1 ..

Kathleen



To: TREND1 who wrote (25691)12/18/1997 7:30:00 AM
From: Patrick Koehler  Respond to of 53903
 
Larry, I've been studying MU trading pattern for this week, and
have come to this conclusion. If you disregard the last 1.5 hours
on Monday prior to earnings report, and the first hour on Tuesday,
Mu has traded exactly like other tech stocks.
If you could get the same scale on TXN and MU, they would be
very similar.
Most of the tech stocks that I study with Telescan 15 minute charts,
(10 day period), peaked on Monday the 9th, and declined until
this past Monday. My stochastics indicated buy signals on most
of these stocks on Monday. Of course, I ignored MU, because,
fundamentals SHOULD mean something. Wrong! Anyway,
most tech stocks and MU bottomed on Monday, then started up,
then peaked midday yesterday. I got sell signals on many for
yesterday morning (and bought puts). At the end of the day, all
stocks started trailing off.
I believe that the techs will continue down today, and bottom late
today or tomorrow, assuming no unusual news or events.
Patrick