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To: Sonny McWilliams who wrote (22319)1/8/1999 7:08:00 PM
From: Tony Viola  Read Replies (2) | Respond to of 27012
 
Sonny, Sonki, re MU, I had something to say about it over on AMAT last night (at the bottom).

Message 7162986

To expand on it, I have a lot of trouble believing the way MU goes up because they are a one trick pony and their one product is the commodity of commodities in the semiconductor business. Anyone can make DRAMs. Well, anyone who's done it before and a lot have. Remember MU at $91 in late '95? Maybe they're headed there again, but remember that they crashed to 16 also. Well, there I go again trying to make sense out of this market. Still, I wouldn't touch MU with a ten foot pole, or two five foot Lithuanians. Sorry about the un-PC expression.

Tony



To: Sonny McWilliams who wrote (22319)1/8/1999 8:42:00 PM
From: billwot  Read Replies (2) | Respond to of 27012
 
Sonny-...banks were slow today.

BAC had a good run this week, up about 12%

Acampora sees bank, broker shrs hitting old highs

January 8, 1999 03:36 PM

NEW YORK, Jan 8 (Reuters) - One of Wall Street's most respected technical analysts, Ralph Acampora, said on Friday recent price moves in bank and broker stocks indicate the shares should regain last year's highs.

"I want people to barrel into those stocks," said Acampora, Prudential Securities' director of technical research, in an interview. "They're playing a game of catch-up (to the broader market's rise)."

Acampora's top picks include newly formed financial services giants Citigroup Inc. C and BankAmerica Corp. BAC , and regional banking company Bank One Corp. ONE .

investor.msn.com

billwot