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To: Chas who wrote (34311)6/3/1998 10:59:00 PM
From: Skeeter Bug  Read Replies (1) | Respond to of 53903
 
chas, i don't have a clue where mu the stock will go tomorrow. i do know that the koreans will not reduce capacity to the point that mu will be able to dump their inventory and steal all of korea's profits.

korea may hold back inventory to a point where they lose less money - but they will still lose money. mu will also lose money and burn their cash at a startling rate.

longer tem mu is toast, imho. that is why i own oct 25 puts and not june ;-) i know the result. i don't know the path to get there. mu was $40 not too long ago. why? dolts. too many of them.



To: Chas who wrote (34311)6/3/1998 11:01:00 PM
From: JF2155  Respond to of 53903
 
whats it going to be PC market dead or alive? I covered MU around 22.5 area after blowing my margin to 51% in the 35 AREA . Now sunk
it back into INTC --not a very good move going long . I can't figure out PC market so maybe I better trade retail for a while . Will short MU on any big rally any time. JIM