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Technology Stocks : Micron Only Forum

MU 241.14

-6.7%

Dec 12 9:30 AM EST

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To: Peter Shaw who wrote (16038)	6/27/1997 7:41:00 PM
From: Kerry Phineas	of 53903

Pete, I don't think its just the indexers who are keeping INTC up. They also repurchased 7M of their shares in the first quarter, don't know about the second. The latest Fortune(I believe) had an article with Grove in it, and he's sounding pretty desperate... or maybe more paranoid than usual. I actually like most of the Tech CEO's that so many people think are touts, but tech stocks are VERY due for a correction. IMO. Like MU and GTW, but don't consider then great companies.

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