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To: Tim McCormick who wrote (43823)	3/15/1999 2:26:00 PM
From: John Graybill	Read Replies (2) \| Respond to of 53903

A couple hundred K shares at 12:45 or so looks pretty ominious, true, but the big sword hanging over this, known to all, is enough of a death knell, isn't it?: the possibility that 20% of the stock could be dumped in the span of a couple days or even hours. A gain of even 5 points on 20M shares dropping straight to the bottom line would be the only thing needed to create TXN's possibly finest quarterly report in their history. It would be a riot (in a couple of senses) if we saw some SEC action and sanction against MU and/or some of the crooked analysts, but I gotta think that they're gonna keep beating up the small guys who can't put up too much of a fight before they go after big boys like MU. Remember all the times (3? 4?)we saw multi-THOUSAND blocks of out-of-the-money call contracts being bought the day before Goldman Sachs issued a big upgrade back in late 1997 and early 1998, and we never heard a peep about that.

To: Tim McCormick who wrote (43823)	3/15/1999 3:21:00 PM
From: Skeeter Bug	Read Replies (1) \| Respond to of 53903

nothing could be more wrong with mu than we know. the dram industry is still in a glut, cap exes are still soaring guaranteeing this glut lasts, the pc industry has negative revs, the only way to cut costs is to increase output. this is a dawg and always has been for the last couple of years. i don't understand how anybody could run this dawg to $80 in the first place. or $30, for that matter. i just think some slow wits are finally catching up and selling a lot of what they never should have bought. also, txn or intel may have kabitzed their intention to sell like gangbusters in april. wouldn't want to be around after that. not long anyway ;-) definitely with puts.