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Technology Stocks : Micron Only Forum
MU 241.08-6.7%Dec 12 3:59 PM EST
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To: johnlea who wrote (36696)7/30/1998 11:38:00 AM
From: Bipin Prasad   of 53903
 
john,

As long as dram price stays up, MU won't go down much for some time.
One upgrades, two upgrades will lead more for they don't want to miss
out up trend. The same fear that led them to dump MU to 20s will lead
them to new highs. We'll see profit taking from to time to time, but
trend in general will be up till Sep, imo. I wouldn't waste money on
puts unless it's very short term trade. If dram price goes down, all
the bets are off. But I don't see it'll in near future. Back to school
and xmas for oems are around corner and win98 is plus for dram biz.

later,

InSook
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