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To: Thomas G. Busillo who wrote (30149)3/13/1998 10:05:00 PM
From: Mike Farrar  Read Replies (1) | Respond to of 53903
 
MU

Gee, seems like all the brokerage firms are taking
MU off their recommended lists right before earnings.
I wonder why. It seems like the brokerage firms
wanted to take advantage of MU 's huge short
interest to induce a squeeze and run the price up
to make themselves look like they know what
they are doing. Use MU then abuse it after it tanks
after earnings. At least they have a plan and are
not just plucking rabbits out of their Armani hats.

Jeff



To: Thomas G. Busillo who wrote (30149)3/20/1998 6:57:00 PM
From: Kerry Phineas  Read Replies (1) | Respond to of 53903
 
TB, don't ask me why MU moves a particular way at some point during the day because I never have a clue. IMO this stock trades by the maxim of excessive optimism followed by a 2x4 to the head. Always. And similarly the shorts are always there: they never cover en masse because they always think things will soon get worse. So you have these pseudo short covering rallies fueled by overoptimism/touting and in the end I never have a clue whats happening re the stock price at a particular point in time. If the reality of MU's situation is as bad as I think it is, imo we have a slow burn coming, with the stock down to at least the teens, with a lot of noise along the way.