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Technology Stocks : Micron Only Forum
MU 246.95+4.1%Dec 8 3:59 PM EST

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To: James Berg who wrote (20038)9/21/1997 12:38:00 PM
From: Chih-Lun You   of 53903
 
Some bulls are sending the enormous amount of bears to the unexpected slaughterhouse.(What a coup!). Most of the other bulls are preparing a grand celebration for Tuesday.

Actually, most well known analysts are herd followers. They push the stock price of the company when they want to buy, and they push the stock price of the company up when they want to sell. This scenario happens everyday in the market.

Fundamental analysis is extremely useful if you are looking at a longer term. Some bears also agree(read the posts) MU is currently under the pressure of product market cycle. I did not see any really significant internal or external problems fundamentally with the company.

This is from MBC.
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