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Technology Stocks : Micron Only Forum

MU 237.16

+4.6%

Dec 5 9:30 AM EST

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To: Skeeter Bug who wrote (25616)	12/17/1997 12:30:00 PM
From: TREND1	Read Replies (1) of 53903

Skeeter This article is for you ! MICRON.... Okay, I give up. I'm out of here. Sayanora. After the market closes yesterday, the Boise DRAM king announces quarterly earnings won't be nine cents as expected; they'll be four cents. Oh boy! You KNOW the stock is going to get KILLED today, right? WRONG!!! (Hey Jim Cramer doesn't have an exclusive on this word, okay?) The stock actually was up over a point for a 5% jump! What's up with that? The whisper number. Analysts had been whispering that nine cents was too high; they already knew it would come in lower. That and the tech rally was so powerful today it carried MU right into positive territory. Still, that stock is at $23, down from $60 in August!!! (You own this stock? Remember the Van Halen tune, "Running With the Devil"?)

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