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To: TREND1 who wrote (29133)3/1/1998 2:53:00 AM
From: Skeeter Bug  Respond to of 53903
 
larry, of course i'm never against a profit. however, you know as well as i that nobody knew this stock was going to $39 except maybe the dolts that used opm to get it there.

i don't bet against reality. reality is that people invest to receive a return on their money - which mu hasn't provided and will not provide for the foreseeable future.

apparently, this isn't obvious to many people. yet. suppose someone went long at $22 on a stock they believed to be valued at $13 - and i'm being kind. they wake up the next day and it is fair valued at $13. now that would be dumb. it could have happened if mu management didn't stuff unnecessary product down muei's throat and then made some song and dance about korea possibly being out of inventory. yeah, right ;-)

i'm playing this baby back down to the teens. you all laugh now. i can't control dolts spending opm on a crap stock. i can tell you emphatically that when business sucks over the longer term the stock will probably follow. even after this run up mu is down about 65% from its high. why? it is a loser. an erratic loser, but a loser none the less.

we will se the teens b/c that is where this bowser belongs and you won't see any holdbacks anymore - which was the ONLY reason mu ever made more than $0.20 in eps.



To: TREND1 who wrote (29133)3/1/1998 12:29:00 PM
From: TREND1  Read Replies (1) | Respond to of 53903
 
MICRON'S QUARTER HAS ENDED !
Let the earnings leaks begin (g)

Larry Dudash