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To: TREND1 who wrote (33766)	5/20/1998 8:57:00 PM
From: DavidG	Read Replies (1) \| Respond to of 53903

Larry, Thanks for the new chart....Question: How wide can the MU channel get? It is now about 7 points wide. DavidG

To: TREND1 who wrote (33766)	5/20/1998 9:19:00 PM
From: DavidG	Respond to of 53903

Larry, Here is something for the bulls and bears to think about...could it be why MU was able to put in a reversal so easily today?<g> Co:MU - MICRON TECHNOLOGY,$/share(US) Exchange:NYSE MACROWORLD(tm) 7-DAY OUTLOOK 5/19/98 ------------------------------------------------------------ Latest Data: 5/19/98 closed at $26.50, down 0.50. This is within the -0.89 average daily change. ------------------------------------------------------------ 7-day Alert: -other factors don't warrant a rating- If you use Stops, for a Long position use $24.50, for a Short use $28.50. ------------------------------------------------------------ Forecast Summary: There is a 70% chance of being Higher in 7 days. Most likely 5/26/98 level is $27.63, a 4.2% increase vs yesterday's $26.50. -------------------------------------------------- \| 70% confidence range\| \| Forecast Closing --------------------\| \| Days $/share Change High Low \| \|------------------------------------------------\| \| 05/20/98 26.86 0.36 27.53 26.19 \| \| 05/21/98 26.65 -0.21 27.37 25.93 \| \| 05/22/98 26.75 0.10 27.53 25.97 \| \| 05/23/98 Sat \| \| 05/24/98 Sun \| \| 05/25/98 Memorial \| \| 05/26/98 27.63 0.88 28.63 26.63 \| -------------------------------------------------- Co:MU - MICRON TECHNOLOGY,$/share(US) Exchange:NYSE MACROWORLD(tm) 5-WEEK OUTLOOK 5/19/98 ------------------------------------------------------------ Latest Week: 5/15/98 averaged $29.08, down 2.57. This is larger than the -1.41 average weekly change. The weekly model indicates that this is an exceptionally Low $/share! ------------------------------------------------------------ 5-week Alert: -probability too low, no action recommended- If you use Stops, for a Long position use $24.50, for a Short use $28.50. ------------------------------------------------------------ Forecast Summary: There is a 60% chance of being Higher in 5 weeks. Most likely 6/19/98 level is $26.72, a 0.8% increase vs latest $26.50/share. -------------------------------------------------- \| 70% confidence range\| \| Forecast Average --------------------\| \| Week of $/share Change High Low \| \|------------------------------------------------\| \| 05/22/98 26.76 -2.32 28.03 25.49 \| \| 05/29/98 26.72 -0.04 28.07 25.37 \| \| 06/05/98 27.13 0.41 28.56 25.70 \| \| 06/12/98 27.19 0.06 28.70 25.68 \| \| 06/19/98 26.72 -0.47 28.32 25.12 \| -------------------------------------------------- However, the Daily model's outlook is Up. Co:MU - MICRON TECHNOLOGY,$/share(US) Exchange:NYSE MACRO*WORLD(tm) 4-MONTH OUTLOOK 5/18/98 ------------------------------------------------------------ Latest Month: Apr'98 averaged $29.67, down 0.50. This is within the -3.72 average monthly change. The monthly model indicates that this is an exceptionally Low $/share! ------------------------------------------------------------ 4-month Alert: -other factors don't warrant a rating- If you use Stops, for a Long position use $25.00, for a Short use $29.00. ------------------------------------------------------------ Forecast Summary: There is a 75% chance of being Higher in 4 months. Most likely Aug'98 level is $34.91, a 29.3% increase vs latest $27.00/share. -------------------------------------------------- \| 70% confidence range\| \| Forecast Average --------------------\| \| Months $/share Change High Low \| \|------------------------------------------------\| \| May'98 29.16 -0.51 30.69 27.63 \| \| Jun'98 32.18 3.02 34.91 29.45 \| \| Jul'98 33.56 1.38 37.49 29.63 \| \| Aug'98 34.91 1.35 40.04 29.78 \| -------------------------------------------------- However, the Weekly model's outlook is Up. The above report is based on mathematical calculations and, as such, no investment decision should be based solely on its conclusions.