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To: CHIP HUNTER who wrote (28902)	2/24/1998 8:08:00 PM
From: johnlea	Respond to of 53903

good luck to you to chip hunter, although i think you are wrong. time for the nasdaq and sox to correct a bit. wouldn't be surprised if mu goes down with them. ta, fa, dram prices all are against mu. it's going to be REAL hard to mu to have any substantial short term run. . . but stranger things HAVE happened.

To: CHIP HUNTER who wrote (28902)	2/25/1998 9:41:00 AM
From: John Graybill	Respond to of 53903

Chip: MU has just broken out of a descending triangle, to the downside. Very bearish, here's why: There were two sets of players, the gang trying to keep it from going below 33 1/2 or so, and the gang trying to keep selling it down every time it rose a little. The triangle shows that the buyers at 33 1/2 were not giving an inch for three or four re-tests of that level. Until they gave up completely! The sellers won! This is a rare resolution to this kind of chart formation. What happened? The MUEI warning? The IMF vote and Greenspan "touting"? Stock traders learning to do F/A by themselves? Lack of touting from Robbers & Stealers at their tech con? (BTW I hope we all know what "con" is short for.) The inevitable next step after the double-top failure at 2/4/98? Or something else? Now -- your reasons, please!