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To: TREND1 who wrote (32383)4/22/1998 7:12:00 PM
From: The Vinman  Read Replies (1) | Respond to of 53903
 
Who knows Larry, that may be it. The stock made a sudden move with major volume after it was actually down in a strong market in the morning, believe it or not, when I was in college, I took a finance class that talked about the Value Line releases and how they can move stocks before they arrive at the door step of us "regular" people.....there had to be something besides INTC comments, especially with TXN comments about Dram and current prices....MSFT down 3 point after hours....futures down 2.60, maybe a down day tomorrow....Oh I forgot, you turned into a MU bull today!!!

Thanks,

Vinman



To: TREND1 who wrote (32383)4/22/1998 7:32:00 PM
From: TREND1  Respond to of 53903
 
Could the bears be missing some thing ?
(1) Dec 1997 ...bad earnings...MU low at at 22
(2) Mar 1998....worst earnings....MU low at 27 3/8
(3) April 22, 1998 MU breaks Feb 2, 1998 Down Channel to UPSIDE
(4) April 23, 1998....."the day after April 22, 1998" (g)

Larry Dudash
PS: Could those PC100 SDRAM's be behind this latest move in MU ???



To: TREND1 who wrote (32383)4/22/1998 7:55:00 PM
From: Thomas G. Busillo  Read Replies (1) | Respond to of 53903
 
Larry, that new detailed research feature on yahoo is pretty interesting.

For example, the current high estimate for FY'99 is 1.90.

Didn't John Joseph at the Montgomery Conference move his FY'99 estimate up to 1.99? Was either 1/20 or 1/21.

CNBC reported that.

And now, how can the high estimate be 1.90 without John Joseph having lowered his number by at least $0.09?

When the numbers go up, somehow CNBC gets the story.
When the numbers go down, nothing.

Is that how CNBC covers the markets - picking up the phone when a brokerage firm or an interested party has something they want disseminated?

As far as the $BMX goes, yeah, that's exactly what the market needs, more big money screwing around with index options "hedging" <g>

Good trading,

Tom



To: TREND1 who wrote (32383)4/22/1998 8:15:00 PM
From: yard_man  Respond to of 53903
 
Actually that's not a far-fetched reason -- at least to me.