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To: Skeeter Bug who wrote (28434)2/15/1998 7:26:00 PM
From: Richard Russell  Read Replies (1) | Respond to of 53903
 
SB,
From a technical stand point you must admit that mu stock price has been in an undeserved uptrend. Don't ask me why. Thats the question I've been asking. Looks like we may be headed for a trend reversal. If so will it be an august like dump or a sideways slow bleed? Will the large short position cushen the fall, racheting down slowly as shorts cover? Or will the shorts come on strong ala AMD and crush this stock once and for all? Is gs and friends done pumping and propping or will they tout again soon? And what effects will expiration have? Has mu given guidance to their buds and will we be getting more estimate revisions downwards? Maybe even a downgrade or two? How will the IMF approval be viewed? Is the market poised for another record breaking run? Lots of things to think about. RR