SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Micron Only Forum -- Ignore unavailable to you. Want to Upgrade?


To: TREND1 who wrote (44146)3/23/1999 10:34:00 PM
From: John Graybill  Read Replies (1) | Respond to of 53903
 
Larry, the action of the last few days is an outside day followed by an inside day (today). I remember you mentioning that earlier in the year -- what has that pattern implied before?

John



To: TREND1 who wrote (44146)3/24/1999 12:51:00 AM
From: Skeeter Bug  Read Replies (1) | Respond to of 53903
 
larry, steve hasn't been around this thread very long, has he ;-)



To: TREND1 who wrote (44146)3/24/1999 9:19:00 AM
From: Steve Robinett  Read Replies (1) | Respond to of 53903
 
Larry,
Yeah, but I still made money on the calls when MU jumped up to about 60 on the Friday following the post you regurgitated--which is of course the only thing that actually matters. And part of the post is still valid--an intermediate-term downtrend with the potential to bounce back toward the moving average, currently at about 55-1/2.

On a fundamental note, why is everyone on this thread so convinced TI will dump its 40-odd million shares all at once after March 31st? Unlike owning a chip fab, which costs money just to own, the carry costs on TI's equity interest are zip. They can wait--as they themselves said--until the price is right and they recoup 16 years worth of losses, which could be anytime.
Best,
--Steve