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Article #3092

MU - lower ... and lower ...

#3092
From: Martin T Seitzinger
Date: Mon, 20 Nov 1995 00:00
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Well, look out, MU is headed for the 40s, then the 30s. For those of you out
there that said it has a support level of 53, that apparently will be tested
today, as it is already down to 53 1/8. In the weeks to come, and especially
in the year to come, the flood of DRAM coming from manufacturers ramping up
capability will FAR outweigh the increasing demand, and analysts are starting
to reflect this in their ratings and reports. Also, from what I understand,
MU stands to get hurt the most out of all the big DRAM producers because they
are so heavily into the DRAM end of things.

Marty

OOPS, make that 53 currently, sorry 52 and 7/8, no 52 3/4 on the bid.
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From: seitzngr@yar.cig.mot.com (Martin T Seitzinger)
Subject: MU - lower ... and lower ...
Date: 1995/11/20
Message-ID: <48qadl$jds@newdelph.rtsg.mot.com>
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newsgroups: nz.general,aus.news,misc.invest,misc.invest.stocks