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Technology Stocks : Micron Only Forum
MU 312.15-1.0%Jan 5 3:59 PM EST

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To: JungleCat who wrote (48455)9/20/1999 5:51:00 PM
From: Land_Lubber   of 53903
 
I think SB's comments on Micron's business aspects are only rarely off the mark. What we have been seeing recently is an nice exaggeration of the MU share price based on the perception of brighter business prospects in the future.

While I agree with SB that this perception is an illusion, the fact that a lot of money shares this illusion makes perception a reality, and I have been long on this stock since August 31.

Someday the bubble will burst. I just hope that I sell my calls and buy puts on that day.

Land_Lubber
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