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To: Chas who wrote (32709)5/1/1998 11:29:00 PM
From: Uncle Joe  Respond to of 53903
 
I also hope David's prediction comes true. But Wayne was talking
about TA, as the short term chart clearly indicates that MU is
heading north. However, I think he failed to point out one thing,
that is, the chart is based on very thin volumes. So I am not so
sure about his conclusions. I got some May 30 puts so I could
be biased.

BTW, do you guys think that the tech market is still in the process
of a correction? The market looks tired to me.

Uncle Joe



To: Chas who wrote (32709)5/2/1998 4:11:00 AM
From: Skeeter Bug  Read Replies (1) | Respond to of 53903
 
>>maybe in Q4
MU can get their 22um going to get a $6 cost but thats a ways out yet.
If they could get this kind of cost, it would bring back some profits<<

chas, you apparently assume everyone else is standing still. they aren't. as mu improves yields and increases capacity, so does everyone else. as capacity increases, well, just look at mu's next losses report to see what happens.


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