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To: Bipin Prasad who wrote (35030)6/16/1998 10:15:00 AM
From: Skeeter Bug  Respond to of 53903
 
the naive ones are the ones who believe the bs. this is obvious. trading mu and investing are two completely different worlds.

one can successfully trade the news even if it is bs. one can also buy at the top of the bs news and lose on their trade, too.

then again, one can plan a trade, mu gives insider information and one can lose one's butt.

long term mu's situation is and has been clear. it is a loser.

the naive ones will be selling at huge losses ($100s of millions) just before i sell my puts.

good luck.



To: Bipin Prasad who wrote (35030)6/16/1998 10:51:00 AM
From: DavidG  Read Replies (2) | Respond to of 53903
 
Bipin,

You have to excuse Skeeter. He has been talking to imaginary characters ever since I started on this thread. The only difference between then and now is that now he is getting answers.<vbg>

I have no idea how Skeeter can continue to say that MU rose in the beginning of the year because KIP said Korea was out of inventory. Like the large institutions, such as Fidelity, were just sitting around waiting for KIP to say something like that so they can make their move.<g>

Although I am sure it is something just as silly but a lot more sophisticated and complicated.<g>

I only go back as far as the 8086 but wish I was smart enough to pick up just 1000 shares at that time.<g> My first computer was a non-intel KIM-1 that I had to program in hexadecimal...still have it too.

DavidG