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To: TREND1 who wrote (37056)	8/7/1998 11:20:00 AM
From: DavidG	Read Replies (1) \| Respond to of 53903

Larry, Next overhead resistance point is 39-40. Volume is almost 3 million in an hour and a half. I am averaging down to 35. If MU breaks 35 to downside then we have a stall in the rally...but as long as the on balance volume is positive and high we should see a move upward. DavidG

To: TREND1 who wrote (37056)	8/7/1998 11:25:00 AM
From: Chas	Respond to of 53903

Larry, I dont have any technical analysis to say what Mu will do, only gut feel for DRAM and my thinking is there is more to go with the tightness, its not a short term(august only) timeframe but longer perhaps into September before clearer signs of whether the market will continue to be tight or the spot starts leveling off. So, in reality I have no basis for my statement just a bit of greed hoping for the stock to hit. If it does I will sell half. How does your TA look? Good trading.