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To: Bipin Prasad who wrote (38552)9/17/1998 10:00:00 AM
From: JF2155  Read Replies (1) | Respond to of 53903
 
Bipin --you may be right MU roaring back here.

>Panic creates buying opportunity<



To: Bipin Prasad who wrote (38552)9/17/1998 10:34:00 AM
From: Trey McAtee  Read Replies (2) | Respond to of 53903
 
insook--

take a long term view...

things are not good. earnings are basically flat to DOWN. the situation world wide is terrible...whats left to hold us up...liquidity? a rate cut? add to all this fun...the de facto death of the IMF, and you get a big shit pie that all the money center banks are going to take a bite of. no more bail outs for stupid lending.

if we rebound today, tomorrow will be more of the same, and after options ex, you can expect a huge downdraft on monday and tuesday.

sorry to rain poop on everyones parade, but thats the facts jack.

good luck to all,
trey



To: Bipin Prasad who wrote (38552)9/17/1998 2:24:00 PM
From: JF2155  Read Replies (1) | Respond to of 53903
 
BP-I just sold MU at 28 9/16-will short at this days end maybe -but most of my resources going into Nike NKE long . MU still has a lot of trouble staying at 28 something all week today should be no different.
NAS doesn't look good either here.
JIM