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To: TREND1 who wrote (25942)12/19/1997 6:04:00 PM
From: nan-xiang chen  Respond to of 53903
 
Anyone could tell me why MU moves up so aharply? Thanks in advance!
NXC



To: TREND1 who wrote (25942)12/19/1997 6:12:00 PM
From: Thomas G. Busillo  Read Replies (2) | Respond to of 53903
 
Larry, if they really want to juice it they need to dust off John Murphy and get him to do another "MU to 70" call.

Who's going to remember that he missed it by only 10 pts. and then the thing went into a 38 pt. swan dive?

Then again, I was thinking the 25's were the favored strike.

I just didn't think "they" had the moxy to pin the MUXY's.

Earnings disappointment.
Strange after-hours rise Wed.
Goldman "Priority List" buy rec. the next morning two days before an expiration.
And when the smoke clears...

Three put series effectively gone and the stock's up over 20% in the last 4 sessions.

Nothing smokey there. No siree Bob. Just "honest brokers" doing their job.

Good trading,

Tom