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Technology Stocks : Micron Only Forum -- Ignore unavailable to you. Want to Upgrade?

To: Skeeter Bug who wrote (34429)	6/5/1998 9:58:00 AM
From: TREND1	Read Replies (3) \| Respond to of 53903

Forbes on the chip sector, Down but not out... forbes.com Larry Dudash

To: Skeeter Bug who wrote (34429)	6/5/1998 12:17:00 PM
From: mike iles	Respond to of 53903

Skeeter, Selling or not shouldn't affect the Fido bonus because the portfolio is marked to market for valuation purposes. So it's really up to the new kid to decide whether he likes MU at this price or not .... 'you gotta ask yourself kid, do I feel lucky?' ..... BTW I think you're being generous to Fido as regards the cost of their MU position. If I remember rightly a lot of it was bought in the run up to $60 last summer. I don't understand why people think that just because they're big outfits like Fido are necessarily smart. They face a tremendous handicap in having to deliver performance on a quarterly timetable. Now we have a 28-year kid who doesn't know a thing about bear markets in charge of $3 billion ... a recipe for disaster. I still think Fido and Capital Noresearch will make the low on this stock ... on huge volume. regards, Mike