To: TREND1 who wrote (29413 ) 3/4/1998 9:48:00 PM From: DavidG Read Replies (1) | Respond to of 53903
Larry, Here is a mathematical analysis Of MU T/A...but does not take into account after hours drop to 33: Co:MU - MICRON TECHNOLOGY,$/share(US) Exchange:NYSE MACRO*WORLD(tm) 7-DAY OUTLOOK 3/04/98 ------------------------------------------------------------ Latest Data: 3/04/98 closed at $35.75, up 2.12. This is larger than the -1.11 average daily change. The daily model indicates that this is an exceptionally High $/share! ------------------------------------------------------------ 7-day Alert: -other factors don't warrant a rating- If you use Stops, for a Long position use $33.06, for a Short use $38.44. ------------------------------------------------------------ Forecast Summary: There is a 85% chance of being Lower in 7 days. Most likely 3/11/98 level is $32.31, a 9.6% decrease vs yesterday's $35.75. -------------------------------------------------- | 70% confidence range| | Forecast Closing --------------------| | Days $/share Change High Low | |------------------------------------------------| | 03/05/98 34.81 -0.94 35.74 33.88 | | 03/06/98 33.92 -0.89 34.96 32.88 | | 03/07/98 Sat | | 03/08/98 Sun | | 03/09/98 33.10 -0.82 34.48 31.72 | | 03/10/98 32.62 -0.48 34.12 31.12 | | 03/11/98 32.34 -0.28 33.95 30.73 | -------------------------------------------------- Co:MU - MICRON TECHNOLOGY,$/share(US) Exchange:NYSE MACRO*WORLD(tm) 5-WEEK OUTLOOK 3/04/98 ------------------------------------------------------------ Latest Week: 2/27/98 averaged $33.83, up 0.67. This is within the -1.71 average weekly change. The weekly model indicates that this is an exceptionally Low $/share! ------------------------------------------------------------ 5-week Alert: -other factors don't warrant a rating- If you use Stops, for a Long position use $33.06, for a Short use $38.44. ------------------------------------------------------------ Forecast Summary: There is a 70% chance of being Higher in 5 weeks. Most likely 4/03/98 level is $38.21, a 6.9% increase vs latest $35.75/share. -------------------------------------------------- | 70% confidence range| | Forecast Average --------------------| | Week of $/share Change High Low | |------------------------------------------------| | 03/06/98 34.50 0.67 36.28 32.72 | | 03/13/98 36.09 1.59 37.99 34.19 | | 03/20/98 37.60 1.51 39.63 35.57 | | 03/27/98 38.25 0.65 40.40 36.10 | | 04/03/98 38.21 -0.04 40.49 35.93 | -------------------------------------------------- However, the Daily model's outlook is Down. Co:MU - MICRON TECHNOLOGY,$/share(US) Exchange:NYSE MACRO*WORLD(tm) 4-MONTH OUTLOOK 3/03/98 ------------------------------------------------------------ Latest Month: Feb'98 averaged $35.14, up 5.34. This is larger than the -3.72 average monthly change. The monthly model indicates that this is an exceptionally Low $/share! ------------------------------------------------------------ 4-month Alert: "A" rating for an Increase (possible Long position). StopLoss at $31.13 (review any Short positions). - watch future reports for signal reversal - ------------------------------------------------------------ Forecast Summary: There is a 75% chance of being Higher in 4 months. Most likely Jun'98 level is $41.66, a 23.9% increase vs latest $33.63/share. -------------------------------------------------- | 70% confidence range| | Forecast Average --------------------| | Months $/share Change High Low | |------------------------------------------------| | Mar'98 35.25 0.11 37.10 33.40 | | Apr'98 37.27 2.02 40.19 34.35 | | May'98 39.47 2.20 43.45 35.49 | | Jun'98 41.66 2.19 46.71 36.61 | -------------------------------------------------- However, the Weekly model's outlook is Up. The above report is based on mathematical calculations and, as such, no investment decision should be based solely on its conclusions.