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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: TREND1 who wrote (31113)	3/24/1998 10:01:00 AM
From: Mike M2	Read Replies (2) of 53903

Larry, Micron is not at 22 (YET!!!!!) due to gullibulls and manipulation. Remember Jeff Vinik was a fan of Micron and then became a seller 8 days later? You ask why doesn't mike post negative articles about MU because it is very rare for an analyst to say negative thing about a company. look what happened to the analyst who had bad things to say about Donald Trumps debt offering -he was FIRED but right! I don't think there was a street analyst or mkt research firm who was negative on DRAM or Micron in 1995. I recall earnings forecasts of $10 -17 per share with price targets of $200/ sh . Mike Burke saw the Dram glut coming in 1995 and was one of the few bears on MU as it rose to $94 sh I expect Micron to hit his long awaited target of $6/sh. If memory serves he had this target in summer of 95 when MU was well above 70. i can't recall the precise time. Mike

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