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To: TREND1 who wrote (32061)4/14/1998 10:47:00 AM
From: DavidG  Read Replies (2) | Respond to of 53903
 
Larry,

I do not believe we will close the gap of 30 1/4 but rather up to 29 1/2. If it makes a couple of tests of 28 and does not go lower than on the second or third attempt it may try to close the gap.

Still no real volume for MU. So it is difficult to say with any certainty that MU has put in any bottom yet. I am still expecting to see a bottom test of 25 +. Would like to see at least a 5-6 million share day.

DavidG



To: TREND1 who wrote (32061)4/14/1998 11:06:00 AM
From: Patrick Koehler  Respond to of 53903
 
Larry, I checked yesterday, and option open interest still favored the 30 strike price. However, my computer will probably give a sell signal late today or tomorrow. I've chosen not to play upside this week, as MU continues in the downward channel.
Playing other stocks.
Patrick


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