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To: Justa Werkenstiff who wrote (15227)8/12/1998 1:20:00 PM
From: Czechsinthemail  Respond to of 17305
 
from Briefing.com:

12:37 ET Micron Technology (MU) 34 +3 5/16 (+11%): DRAM chip maker's shares on fire as investors respond to rally in DRAM prices. Probably just as important is the large short position in MU. According to MarketGuide, MU has a Short/Interest ratio of almost 9 days. That compares to Intel's S/I of approx. 1 1/2 days. Volume today 5 mln shares vs avg daily turnover of 3.6 mln.

OK, so is this a short-covering rally to pounce on and sell once it peters out or the beginning of an upturn?

Baird



To: Justa Werkenstiff who wrote (15227)8/14/1998 3:58:00 PM
From: Andrew Vance  Read Replies (1) | Respond to of 17305
 
*AV*--WELL, I am short again at $35 on this baby again. Not today but just catching up here.

Andrew

PS-NVLS looking real good in the mid 36s.