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To: Skeeter Bug who wrote (32757)	5/3/1998 10:28:00 AM
From: TREND1	Read Replies (2) \| Respond to of 53903

Skeeter and all (1) Count me out on this 1984-1993 earnings argument. (2) My interest was plotting earnings vs MU stock price to determine which turned first. (3) Pat posted earnings and I plotted EPS vs MU stock price. (4) Now Pat, David and Skeeter are discussing past earnings. (5) Also I made a comment about a newsletter..as long time people here know...I always say newsletter writers, if they knew all about a stock, should buy puts and calls and make their money that way.....and would not have to make money writing a news letter....and they could give away the news letter FREE.. (6) Now the important stuff...will MU continue it's up move on Monday ! Larry Dudash

To: Skeeter Bug who wrote (32757)	5/3/1998 12:30:00 PM
From: mike iles	Read Replies (3) \| Respond to of 53903

Skeeter, Don't let 'em get you down (g) ... really I think what we have here is 2 different cultures, traders and investors. And it's tough to get meaningful dialogue. It looks like the traders are pretty much MU bulls and the investors are bears. Can understand the latter 'cause MU is grotesquely overvalued (I mean Pat what if the number is .65 ... 50x earnings for a thing that's losing big dough in a commodity business??) but have never understood the bullish bias of day traders such as DavidG, DJ and even LarryD. They really don't like it when you or I or anybody says anything negative about MU .... why? ... it's a real mystery. Maybe one of them could enlighten me. As day traders why should they care a rat's arse what MU's earnings are, who it competes with, what DRAM is selling for etc ... They're day trading a symbol on a computer screen. In fact it's dangerous to know anything 'bout the fundamentals as I'm sure HAL has told Larry on many occasions. So why do they care what the heck MU's earnings were for whenever?? As I've said it's a real mystery to me. Whenever you ask Larry about the fundamentals he always says hey this thing is going to do one of two things ... i.e. he doesn't care to discuss it. That I understand, he's a day trader. But why does he get all excited about PC 100 or whatever and think that somehow MU has a lead over the competition ... and baits the bears. It's a mystery. Of course he's mild compared to some others. Could it be the day traders feel inadequate in some way?? Heck maybe I should start making trading comments ... " following a bounce off support at $29 this POS (oops, sorry ... fundie bias there) will either rally to the 50-day MA at $34 or else re-test support at $29 ... in either case I believe it will go up or down or maybe down or up or even possibly sideways, for awhile and then do something else ... hold the phone!!! We have a hot flash from DJ ... 'NEC, Fujitsu, Hitachi, Samsung, etc.. close down fabs, commit hari kari, fall off edge of world ... Stevie A files more dumping charges' ... whew!!" regards, Mike