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To: TREND1 who wrote (38696)9/19/1998 1:38:00 PM
From: phbolton  Read Replies (2) | Respond to of 53903
 
(1) at $8 per 64Mb MU loses $200 mil+ this quarter
(2) Lehman and Niles etc had price at $9.50+. Go look at their recent statments.
(3) DJ etc have been saying MU gets $9+++ per 64Mb

As near as I can tell $8 is very, very bad for MU. $7.60 is even worse. It also shows that contract is well below spot which is also bad for MU. Increased short/put positions on Friday.



To: TREND1 who wrote (38696)9/19/1998 3:38:00 PM
From: Knighty Tin  Respond to of 53903
 
Larry, C'mon. You've been following MU forever. When have they not lied through their teeth about demand and pricing?

MB