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To: Thomas G. Busillo who wrote (28176)	2/11/1998 11:33:00 AM
From: DavidG	Read Replies (3) \| Respond to of 53903

Tom, Pat, and Larry I am rather surprised at the limited drop in MU. It is almost as if Tom Kurlak, "The Best There Is", has lost his clout...I am quite serious on this. His comments would normally take Mu down at least 7-10% under normal circumstances, and given that MU was approaching its over head resistance of 38 3/4 his comments should have done some serious damage today. What may be happening is as Tom stated: ...Goldman would still manage to find some kind of "upside" to the news <g> also, it may be that the traders and investors really know, now, that Tom Kurlak touts the opposite of what he and Merrill Lynch's big clients are really doing... and that is buying on the dips. The Specialists certainly do not believe that MU should be at 20 now otherwise we would have been approaching that number a month ago. MU showed a lot of strength as it dipped below 36 and it says that maybe this semi rally is not over yet. We will certainly know the answer by Friday since many traders are starting to follow the past logic of not holding too many positions over the weekend with, Clinton,Hussein and SEA still an uncertainty. I will plan to sell my MUPGs and MUPUs when MU is about 35 1/2 and think about going long then too. Your comments? DavidG