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To: Scooter who wrote (29628)3/6/1998 7:32:00 PM
From: Skeeter Bug  Respond to of 53903
 
down, down, down...



To: Scooter who wrote (29628)3/6/1998 7:33:00 PM
From: epicure  Respond to of 53903
 
I have bought puts on MU twice and so far not very successfully. I can see the stock wants to go up, but I think it will go down next week. That is just a guess, based on the cumulative effect of all the tech warnings. The TA on my screen says up, for the most part.



To: Scooter who wrote (29628)3/6/1998 11:44:00 PM
From: Chas  Respond to of 53903
 
Scooter,
Now you know that as long as the Nasdaq goes up like todays 41 points, its going to keep MU artifically high. This stock does not have just much positive news left. All the anaylst's did that this week. Not sure whos left to say anymore positive things about MU.
My goal is to be in puts when it finally unravels. Who knows what day.
Good Trading.



To: Scooter who wrote (29628)3/7/1998 12:46:00 AM
From: AHale  Read Replies (3) | Respond to of 53903
 
Scooter: MU will bleed next week and then gush blood the following week when earnings are announced. Without the $150 million one-time gain, MU, I predict, will have a loss of almost .50 a share. Will the company be able to offer any good news going forward? No. The outlook will remain bleak for the rest of this year. Dram prices will remain soft and supply will continue to outstrip demand. MU will have no assets left to sell to fund its capital needs. The Lehigh plant will be a write off. In 1999, MU will be on life support. The silly games will soon be coming to an end. Patience will be lavishly rewarded. Greed will be severly punished. You heard it here.