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To: Amjad who wrote (31312)	3/26/1998 12:14:00 PM
From: DavidG	Read Replies (1) \| Respond to of 53903

Amjad, Any idea why MU rises when DJIA goes down? I don't believe there is any correlation between MU and the DOW. MU does move somewhat with NAZ and certainly a lot closer to SOX(being one of the components). MU has been moving, for the most part, on its own for quite some time. I think a cover at 29 is good, I also covered this morning at 29 1/8 and 29. Actually took a small long position too. I think we will see the 28 to 30 1/4 for a little while. I agree with you that there are parallels between the disk and memory businesses, although it might be a little worse for the memory at the moment b/c it seems too many are in memory that really don't belong and we need a fallout to get rid of the excesses. I totally agree with you that MU is a good company in a bad sector, but I hope you agree that there seems to be now recovery within sight. I agree with you somewhat. I see the signs of a recovery. I think the changes are moving in MU's direction, but if and when the recovery occurs...I have no idea...I know it sounds like I am bullish on MU b/c I confront the bears...but it is just to correct what I believe are some of the distorted facts that come out of "forever bears"...nothing more than that. Good Luck Trading DavidG