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To: Lucretius who wrote (352)5/20/1998 9:05:00 PM
From: Thean  Read Replies (1) | Respond to of 14427
 
LT - the IQC site that I rely so heavily on for my TA read is still out of commission due to the faulty satellite. From what I can gather from the inferior Yahoo intraday chart $25 was supported quite strongly when MU touched it earlier in the day. The late surge was on decent volume as well. Therefore, unless the street is expecting a tech turnaround and rally tomorrow MU should open high and close low again tomorrow. MU needs to close above $27.5 for me to say MU has turned around near term. So, if nothing else, MU should be sandwiched beteen $25-27.5 "until further notice".



To: Lucretius who wrote (352)5/20/1998 10:10:00 PM
From: Thean  Read Replies (1) | Respond to of 14427
 
LT - check out LD's down channel chart on MU. This should provide some guidance to MU's near term price movement. I think it reinforces the $25-27.5 trading range for a few days.

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