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Article #3094

Re: MU - lower ... and lower ...

#3094
From: gary gonzales
Date: Tue, 21 Nov 1995 00:00
24 lines
1662 bytes
In <48qadl$jds@newdelph.rtsg.mot.com> seitzngr@yar.cig.mot.com (Martin
T Seitzinger) writes: 
>
>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.
>-- 
The answer:  Go Short on MU and make a bundle!
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From: wa6sul@ix.netcom.com (gary gonzales)
Subject: Re: MU - lower ... and lower ...
Date: 1995/11/21
Message-ID: <48rctn$8k5@ixnews4.ix.netcom.com>
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references: <mFLgeD1w165w@codeworks.gen.nz> <4814ap$sug@status.gen.nz> <48m1hu$1ep2@news-s01.ny.us.ibm.net> <48qadl$jds@newdelph.rtsg.mot.com>
organization: Netcom
x-netcom-date: Mon Nov 20  6:18:31 PM PST 1995
newsgroups: nz.general,aus.news,misc.invest,misc.invest.stocks