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To: Sridhar Srinivasan who wrote (26386)1/11/1998 3:35:00 PM
From: TREND1  Respond to of 53903
 
Dow Jones breaks 200 day moving average

geocities.com

Larry Dudash



To: Sridhar Srinivasan who wrote (26386)1/11/1998 4:02:00 PM
From: Skeeter Bug  Read Replies (1) | Respond to of 53903
 
sridhar, stop assuming ;-) "big boys" referred to deep pockets, not market share. is mu even in the top half of all dram producers as far as deep poskets?

as far as a broken clock being right 2 times a day ;-), hey, what can i say. the analysts say mu makes $0.46 and i say they make closer to $0.30. i was right. the next q they said $0.37 and i said closer to a dime. i was right again - although they did read my posts and lower their estimates in time. i've been dead on fundamentally.

as for guessing mu's stock price, i've been pitiful much more than i've been good.

as an anecdote, i turned bearish on mu when it was $31 or so in late 96. is it above $31? ;-)

happy trading (you'll need it unless nobody cares about earnings for a year ;-) and get used to losses for the next year - at the very least.



To: Sridhar Srinivasan who wrote (26386)1/11/1998 9:16:00 PM
From: Skeeter Bug  Read Replies (1) | Respond to of 53903
 
sridhar, was this lucky? hey, i missed by $0.04. the experts missed by $0.40. if i'm lucky then the "pros" are merely "cons." ;-)

good luck holding a stock that doesn't earn any money for at least 9 months. i think you'll need it. when, i don't know. mu's current status as the greatest trading sardine in the world (and hence its only vestige of value) will end sometime.