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To: TREND1 who wrote (31712)4/2/1998 10:59:00 PM
From: Russ  Respond to of 53903
 
I'm in shock. I was busy for a few days and didn't get on the Web til 2:00 PM EST on the 1st, and thought it was an April Fool's joke. I have no idea what caused the runup, but the fundamentals still look bad for the foreseeable future.

But didn't I post a while ago that MU would lose $4.00/share next quarter, and be at $44 when they announced? <g>

-Russ



To: TREND1 who wrote (31712)4/2/1998 11:20:00 PM
From: Amjad  Read Replies (2) | Respond to of 53903
 
Have the short positions dropped any, last I recall was 44 Million. The latest rally would reduce the number of short positions giving MU a smoother curve.



To: TREND1 who wrote (31712)4/3/1998 8:26:00 AM
From: Thomas G. Busillo  Respond to of 53903
 
Larry, a pragmatic bear LOVES that type of move.

I have my box set-up so that whenever MU rises more than 8.0%, it pops up a clip of Charleton Heston going "SOILANT GREEN IS PEOPLE!"

Okay, I really don't, so until I figure out how to do it...

...I just have to keep saying it myself <g>

Good trading,

Tom



To: TREND1 who wrote (31712)4/3/1998 12:10:00 PM
From: DavidG  Read Replies (1) | Respond to of 53903
 
Larry, Pat, and Ratan

Nice downward move today for MU<g>

Now MU is starting to pay off. Pat did you get in on some more shorts this morning? That was easy money, could not get filled on all more short orders b/c Fidelity systems went down...at least got two orders in at 31 1/2 and 31 5/8.

Should test 30 today and see if it holds. Will sell some at that point.

Good Luck Trading

DavidG