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Technology Stocks : Micron Only Forum
MU 312.15-1.0%Jan 5 3:59 PM EST
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To: Kerry Phineas who wrote (42388)1/20/1999 9:16:00 AM
From: Thomas G. Busillo   of 53903
 
Kerry, sounds like she needs to look in a mirror a little more often...

...or take the Pamela Anderson Lee poster off her mirror <g>

My crystal ball says the major indexes will hit their 1999 highs within the next two weeks.

Then again, my crystal ball doesn't have a fundamental explanation for why you continue to buy a stock in a capital intensive industry facing increasing product fragmentation, backend "constraints" on their own lines and a $1 billion refurbishment of recently acquired assets, at 45 times cash flow.

Unless you want to take a quasi-Soros tack and say that the analysts are part of the fundamentals.

Good trading,

Tom
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