Micron Only Forum Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Micron Only Forum

MU 241.14

-6.7%

Dec 12 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Amir Shalit who wrote (2389)	9/16/1996 5:36:00 PM
From: Matt Webster	of 53903

Higher Revenues for Intel... I am worried about this stock, which I hold puts on. We have three very huge volume days, talk of a "technical" breakout over 26, and now Intel is reporting strong demand (5% over expectations). I cannot account for how people bid this stock up after hearing that Motorola expects earnings down 25% or more below expectations due to poor semiconductor sales, and MOT is a diversified company unlike MU (short MOT, as it has reclaimed all its losses?). I see from www.simm.com 4x32-60ns at $74, which means that a 16 Mbit chip is at $9 assuming no profit for the seller. I see $30 for 8 MB at Fry's which means $7.50 for 16 Mbit, again with no profit for Fry's or middlemen. I hope that the stock doesn't go to 30 this week only to fall ten points to 20, when MU reports -0.20 for the quarter. Someone care to pick a price on the day after earnings? Matt Webster

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next