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To: DavidG who wrote (27825)	2/5/1998 12:41:00 PM
From: Tim McCormick	Read Replies (1) \| Respond to of 53903

Brown Bros. downgrade to avoid- biz.yahoo.com ,Tim

To: DavidG who wrote (27825)	2/5/1998 2:07:00 PM
From: Thomas G. Busillo	Respond to of 53903

David, a stunning new development in the "It's Deja MU all over again" theory - Bill Milton at Brown Brothers Harriman downed it to an "avoid" from a hold. Didn't catch the reasons (on Yahoo tables), but he's a guy who has been very good on short-term rec.'s in regards to MU. Last time he downed it to an avoid, mid-August, it was about 42 (from memory, so I may be slightly off). It subsequently fell about 20 pts. Last time he upped it to a hold late Dec. (?), was about 24-25. It rose about 14. IMHO, that's impressive, especially when you consider the guy probably doesn't have the "share of voice" that a Kurlak or some of the new semiconductor "analysts" like Abbey Cohen and Ralph Acampora have. So now another piece of the puzzle falls into place. Here's an updated "It's Deja MU all over again" breakdown (alternative title "Anatomy of a Short-Squeeze", for Otto Premminger fans <g>): Jul/Aug 1997 Jan/Feb 1998 Conference Robbie Stephens Montgomery Presentation The analyst of the Dan Niles John Joseph host firm touts it the next day "Big wheels" pile on Tom Kurlak Ralph Acampora one week after the (and little Hans) presentation Reports of Asian Yes Yes competitors stopping production? Follows brief rally in DRAM pricing? Yes Yes Trades >18 mil. shares over 2 days and shows slight Wm%R divergence Yes Yes Downgrades/Revisions Lazlo Milton Milton Kurlak Peaks @ roughly Yes Looks possible 50% high-low retracement Same as it ever was. Good trading, Tom