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To: Skeeter Bug who wrote (44706)3/31/1999 2:22:00 PM
From: John Graybill  Read Replies (1) | Respond to of 53903
 
Thanks! I'm just waiting for the final cherry on top of a typical MU "option expiration", the always-punishing 45-minute short-squeeze to get us to 48+ one last time. There's an AMAT analyst meeting out here in Silicon Valley today I believe, so when they break for lunch in 45 min or so we might see some action on AMAT that takes MU with it.

I'm amazed at how narrowly the broad market is trading today, and I'm still thinking that we see some big buying to push DJII past 10K. The 2:00 buy is out, maybe 2:40 or 3:00.

I'm expecting that after the close we'll see the full Hitachi / Nippon Steel article Message 8614300 make the wires (it's been available to subscribers all day, actually, just like yd's Mitsubishi article) and that will pretty much be the end of the run.