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To: Patrick Koehler who wrote (33429)	5/15/1998 11:19:00 AM
From: yard_man	Respond to of 53903

You guys know your history! Wish I knew there was going to be a bounce. I'd just take the profit on my puts then reload in what, 5 days?

To: Patrick Koehler who wrote (33429)	5/15/1998 11:22:00 AM
From: TREND1	Respond to of 53903

pat You are the real keeper of MU data ! Very interesting ! Thanks again Larry Dudash

To: Patrick Koehler who wrote (33429)	5/15/1998 11:42:00 AM
From: E_K_S	Respond to of 53903

Hi Patrick - Good information...Where do you think MU would trade if SOX tests the 250 range again? It appears to me that with the negative breath over the last 7 trading days, a test of the SOX 250 level would wash out the longs. I do not see SOX breaking the 250 level and would become bullish if we reached this level. As for MU, I think there are too many company specific problems for this value investor to nibble at these levels. My long term value for MU is $17-$19 range and perhaps under $10 if they have problems ramping up their next generation production line. I still do not trust the management and too often see that they complain about dumping when they need to be focused on their current business. Keep your eye on SOX....based on your past posts, you have a pretty good trigger finger with MU. I still see MU as the "devil" stock and no longer DAY trade it. Good luck with what ever way you decide to trade. EKS P.S. Does Fideality still own 38 million shares of MU? Or have they lightened their position? Also I believe Oakmart funds hold a very large position at an average cost of $32-$35.