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To: Bipin Prasad who wrote (37456)	8/13/1998 7:14:00 PM
From: Trey McAtee	Read Replies (1) \| Respond to of 53903

bipin-- this might be of intrest to you... techweb.com this is the part i liked best...near the end... National's own uncertainty is symptomatic of the directionless path of the chip market, analysts said. Furthermore, any argument -- positive or negative -- is being seized upon by analysts with their own polarized agendas, said A.A. LaFountain, analyst with Needham & Co., in New York. "My own take is we're in the midst of a very protracted 'bottom,' " LaFountain said. "If you're looking for a repeat of 1996, you're going to be disappointed." good luck to all, trey

To: Bipin Prasad who wrote (37456)	8/13/1998 7:57:00 PM
From: James Spence	Read Replies (1) \| Respond to of 53903

As a long term MU bear I have committed a great sin, I bought shares of MU and TXN at the close today. Although Larry Dudash doesn't have a current buy on the stock, I am following a his regimen of strict technical trading (I'm blaming my MU purchase actions on Larry, he's evil I tell you. ggg!). What my technical say. MU made a spike bottom at 30.25. As long as this low holds, MU is still in an uptrend from 20. I originally thought a correction would occur to take MU down to 26-27.5 but this will not happen in August. The strong move MU had from 30.25 invalidated this downward projection. I feel there is a high probability MU will attempt to retest the high at 36.5 in the next week. I will sell MU and its DRAM partner/banker TXN at that retest. I have a sell order for MU at 36.25 and TXN at 64. I also have a mental sell stop for MU at 29.75 and TXN at 57.5 if things turn against me on this trade. I'm willing to repurchase if MU breaks 37.75. I hope I don't burn in hell for buying stock in this company. That's what MU bears say happens to people who are long MU.