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To: DavidG who wrote (25736)	12/18/1997 9:30:00 AM
From: MythMan	Read Replies (1) \| Respond to of 53903

>>If it was any other brokerage I would say so what, but Goldman is respectable<< Weren't they the bankers on the muei/mu debt scams?

To: DavidG who wrote (25736)	12/18/1997 9:40:00 AM
From: Thomas G. Busillo	Read Replies (3) \| Respond to of 53903

David, if memory serves me correct Goldman was the lead underwriter on the convertible offering last summer. I think in early July they dropped coverage of MU and a number of other chip issues. Was the "Priority List" buy rec. done as an "initiation of coverage", as opposed to an upgrade? If it was an "initiation", is it correct to say that the lead underwriter on the converts, a major "top-tier" firm, has gone without equity research coverage for 5 months on one of the largest U.S. semicon firms? Why would they wait 5 months to resume coverage? Oh...Maria B. is calling it an initiation. Most interesting <g> Good trading, Tom